Financial Times FT.com

US petrol prices drive passengers to discount bus service

By Doug Cameron in Chicago

Published: June 7 2006 03:00 | Last updated: June 7 2006 03:00

Stagecoach, the UK-based transport group, said two-thirds of the passengers on its new US discount bus service had been driven from their cars by high petrol prices.

The company is testing its Megabus concept fromChicago to six Midwest cities in the latest bid to drive growth at Coach USA, the bus group it acquired for £1bn ($1.9bn) in 1999.

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