Business
National Express announces new business successes
National Express announces new business successes.
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[{"type":"text","content":"\n \nRNS Number : 9771A National Express Group PLC 27 March 2013 \n \n\nNational Express Group plc\n \n27 March 2013\n \nNational Express delighted to announce important new business successes in UK Coach and North American Transit\n \nNational Express Group PLC (\"National Express\") is delighted to announce that its UK Coach and North American Transit operations have recently won important new business.\n \nUK Coach win\nNational Express has underlined its position as the leader in affordable airport travel following a major new agreement with one of the UK's leading airports. \n \nNational Express - the UK's largest operator - will begin running dedicated services between London Luton Airport and London Victoria Coach Station, from May 1st. The services are expected to deliver a minimum of £6 million of annual revenue. The agreement lasts for seven years. \n \nNational Express will deliver a new and improved service offering faster journey times, more frequent services and more seats available at peak times. All coaches will be equipped with free WiFi, power sockets and business-class legroom. An enhanced timetable, specially engineered around flight times, will further benefit customers.\n \nAt peak, coaches are timetabled to run every ten minutes, with 150 services travelling to and from the airport each day. This is equivalent to a third more seats than the outgoing operator at peak times. \n \nNational Express already carries nearly 5.5 million passengers to and from UK airports. This agreement will mean National Express now serves London Luton, Gatwick, Heathrow and Stansted airports directly from central London, as well as other major UK airports including Manchester and Birmingham.\n \nNorth American Transit win\nNational Express' North American Transit business, National Express Transit, has also been selected to provide operations and maintenance for Solano County Transit (\"SolTrans\"), located in Vallejo, California. \n \nThis contract is worth $8 million of revenue in the first year, and is for an initial five year term with an option to extend by up to two years. Overall the contract has potential total revenue of $60 million. \n \nThe contract is significant as it is National Express Transit's first in the important Cali...