RE: Stagecoach North East Latest News
Second fare hike in less than 6 months......
Given the first (ignoring the 1st Jan single fare charges) lift earlier this year was massively over inflation already (around 10% in a number of products), this further hit to the customer suggests that the business is really not doing well, from a financial point of view.
Whilst huge investment is being seen in the region (that for the sake of argument will all be capitalised so won't hit the P&L all at once + any depreciation increase from new vehicles is likely offset by direct cost decrease in fuel and engineering heads), it does add fuel to the fire.
If this second round of fare hikes don't work, expect network cuts early 2026 is my take on things. Certainly doesn't shout confidence.
https://www.stagecoachbus.com/service-up...:50:35:970
https://www.stagecoachbus.com/service-up...:11:25:838