Fuel Costs Threat to Bus Fares

Daily PostFebruary 18, 2006

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Summary


PASSENGERS on Go-Ahead buses were braced for fare hikes and possible cuts to services as the transport group battles soaring fuel costs.

The cost of local journeys could increase by an inflation- busting 6%, while the number of buses running on some routes is likely to be reduced, Newcastle-based Go-Ahead said after an 11.2% fall in half-year profits to pounds 43.6m.

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Fuel Costs Threat to Bus Fares

Faced with a pounds 4.7m rise i...

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