Financial Times FT.com

Arriva benefits from switch to public transport

By Clive Cookson

Published: June 26 2008 08:27 | Last updated: June 26 2008 08:27

Arriva on Thursday reported “strong growth” in its train and bus operations, with group revenue expected to increase by more than 50 per cent in the first half of the year.

In a trading update, the group highlighted the trend for UK public transport operators to benefit from substantial increases in passenger numbers, as rising fuel prices persuade more people to abandon their cars for trains and buses.

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