Posts tagged to virgin

Launch of Virgin Trains East Coast tightens Stagecoach’s grip on UK long distance passenger transport

Posted on 9 March 2015 by MarketLine HQ 0 comments

March 1st 2015 saw the launch of Virgin Trains East Coast, operating the UK East Coast passenger rail franchise, awarded to a consortium of Stagecoach Plc. (90% holding) and Virgin Group (10% holding). Stagecoach Group Plc., a large multi-modal transport group, will run the East Coast Main Line ( connecting major cities such as London, Leeds, Newcastle and Edinburgh) franchise through to April 2022, together with the West Coast Main Line franchise through Virgin Trains , a 50:50 venture with Virgin. This will mean that the group effectively controls both… Read more

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