Go-Ahead Group: Difference between revisions
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===More aviation & rail=== |
===More aviation & rail=== |
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Go-Ahead acquired the ground handling operations of British Midland and Midland Airport Services in March 2001 followed by Reed Aviation in August 2001. Along with Go-Ahead's existing [[Gatwick Handling|Gatwick Handling International]] operation, all were rebranded as [[Aviance UK|Aviance]].<ref name=AnnualResults2001/> In August 2001 [[Govia]] started running the South Central rail franchise. In October 2000 the Shadow [[Strategic Rail Authority]] awarded Govia the South Central rail franchise with operations due to commence in May 2003 when [[Connex]] |
Go-Ahead acquired the ground handling operations of British Midland and Midland Airport Services in March 2001 followed by Reed Aviation in August 2001. Along with Go-Ahead's existing [[Gatwick Handling|Gatwick Handling International]] operation, all were rebranded as [[Aviance UK|Aviance]].<ref name=AnnualResults2001/> In August 2001 [[Govia]] started running the South Central rail franchise. In October 2000 the Shadow [[Strategic Rail Authority]] awarded Govia the South Central rail franchise with operations due to commence in May 2003 when the [[Connex South Central]] franchise expired.<ref>[http://news.bbc.co.uk/1/hi/uk/988016.stm Connex loses rail franchise] ''BBC News'' 24 October 2000</ref> Govia negotiated a deal with [[Veolia Transportation|Connex]] to buy out the remainder of its franchise.<ref>[http://www.oft.gov.uk/OFTwork/mergers/mergers_fta/mergers_fta_advice/govia Proposed acquisition by Govia Limited of Connex South Central Limited] Office of Fair Trading 16 August 2001</ref><ref>[http://web.archive.org/web/20011021172522/http://www.go-ahead.com/Press/2001releases/pressaugustb2001.htm Completion of Acquisition of South Central Franchise] Go-Ahead press release 28 August 2001</ref> |
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===Further airport diversification and South Coast additions=== |
===Further airport diversification and South Coast additions=== |
Revision as of 21:27, 9 August 2016
Company type | Public |
---|---|
LSE: GOG | |
ISIN | GB0003753778 ![]() |
Industry | Public transport |
Founded | 1987 |
Headquarters | Newcastle upon Tyne |
Area served | Germany Singapore United Kingdom |
Key people | Andrew Allner (Chairman) David Brown (CEO) |
Products | Bus and rail services |
Revenue | £3,215.2 million (June 2015)[1] |
£96.8 million (June 2015)[1] | |
£59.3 million (June 2015)[1] | |
Number of employees | 26,160 (June 2015)[1] |
Website | www.go-ahead.com |
The Go-Ahead Group plc is a provider of passenger transport in the UK, with over one billion journeys made on its bus and trains services each year. It is a FTSE 250 Index group listed on the London Stock Exchange.
History
![](http://upload.wikimedia.org/wikipedia/commons/thumb/6/6e/Brighton_%26_Hove_bus_T809_RFG_%284%29.jpg/220px-Brighton_%26_Hove_bus_T809_RFG_%284%29.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/0/09/London_Central_bus_T991_%28A991_SYE%29%2C_1994_Leyland_Titan_B15%2C_Forest_Hill%2C_route_171%2C_5_May_2001.jpg/220px-London_Central_bus_T991_%28A991_SYE%29%2C_1994_Leyland_Titan_B15%2C_Forest_Hill%2C_route_171%2C_5_May_2001.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/4/46/Class_319_DC_Unit_-_Thameslink_livery_-_East_Croydon_railway_station_-_England_-_270404.jpg/220px-Class_319_DC_Unit_-_Thameslink_livery_-_East_Croydon_railway_station_-_England_-_270404.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/3/37/Rugby_railway_station_MMB_12_350233.jpg/220px-Rugby_railway_station_MMB_12_350233.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/f/ff/Plymouth_Royal_Parade_PCB_421_W511WGH.jpg/220px-Plymouth_Royal_Parade_PCB_421_W511WGH.jpg)
![](http://upload.wikimedia.org/wikipedia/commons/thumb/6/6b/Volvo_B9TL_SG5053C.jpg/220px-Volvo_B9TL_SG5053C.jpg)
Incorporation
The Go-Ahead Group plc began as Go-Ahead Northern Limited in February 1987 on the privatisation of the National Bus Company, when a partial management buyout led by Martin Ballinger and Chris Moyes purchased its Gateshead-based northern division, known as the Northern General Transport Company.[2]
Early expansion saw the acquisition of certain smaller competing bus operators in North East England (principally Gypsy Queen in 1989 and Low Fell Coaches in June 1992). Go-Ahead Northern Ltd also became a National Express Coaches sub-contractor operating services to the Midlands, North East, North West and South West England.[3][4] At the same time, Go-Ahead Leisure purchased a number of pubs,[3] which were sold in February 1996.[4]
Expanding south
Despite bidding for a number of other larger bus operators in the intervening period, Go-Ahead's first major acquisition was Brighton & Hove in November 1993,[3][5][6] followed by the Oxford Bus Company and Wycombe Bus Company in March 1994.[3] In May 1997 the Brighton & Hove operation expanded with the acquisition of the former municipal operator Brighton Transport.[7] In September 1999 Metrobus, a large operator operating in London, Surrey and Sussex was acquired.[5][8]
Floatation & into London
Initially an unlisted public company owned 90% by management, in May 1994 Go-Ahead was floated on the London Stock Exchange.[3][9] In October 1994 Go-Ahead purchased London Central during the privatisation of London Buses.[2][6][10]
In March 1995 OK Motor Services was purchased and integrated into the Go North East operation.[10][11]
In June 1996 a second London bus operation, London General was acquired from the management team that had purchased it when privatised.[2][4][6]
Into rail
In October 1996 Go-Ahead entered the UK rail market when it commenced operating the Thames Trains franchise which it ran until March 2004. The Thames Trains franchise was awarded by the Director of Passenger Rail Franchising to Victory Rail Holdings. Go-Ahead owned 65% of the shares in Victory Rail Holdings with the remaining 35% held by some ex British Rail managers and employees.[7] Go-Ahead bought the remaining shares it did not own in June 1998.[12]
Go-Ahead entered into a joint venture with VIA-GTI, taking a 65% stake in Govia. Govia ran the Thameslink franchise from March 1997 until March 2006.
Into aviation
In October 1998 Go-Ahead diversified into Airport Services with the acquisition of Gatwick Handling International, a provider of ground handling services at UK airports.[13]
Takeover target
In 2000 French government owned C3D made an unsuccessful takeover bid for the company.[14]
In 2000 Go-Ahead entered two joint ventures with VIA-GTI and BK Tåg to operate rail services in Sweden. Go-Ahead had a 39% stake in City Pendeln AB which was to operate the Citypendeln commuter rail business in Stockholm. Go-Ahead had a 29% stake in Sydvasten AB which operated rail services between Gothenburg and Malmö. Due to problems, Go-Ahead exited both ventures.[8][15]
Wycombe Bus Company was sold to Arriva in December 2000.[16]
More aviation & rail
Go-Ahead acquired the ground handling operations of British Midland and Midland Airport Services in March 2001 followed by Reed Aviation in August 2001. Along with Go-Ahead's existing Gatwick Handling International operation, all were rebranded as Aviance.[16] In August 2001 Govia started running the South Central rail franchise. In October 2000 the Shadow Strategic Rail Authority awarded Govia the South Central rail franchise with operations due to commence in May 2003 when the Connex South Central franchise expired.[17] Govia negotiated a deal with Connex to buy out the remainder of its franchise.[18][19]
Further airport diversification and South Coast additions
In May 2002 Go-Ahead diversified again,[20] acquiring airport-focused Meteor Parking.[21] In August 2003 the Wilts & Dorset bus business was purchased.[22] Included in the purchase of Gatwick Handling International in 1998 was a 50% shareholding in Plane Handling. In August 2004 Go-Ahead purchased the remaining 50% from Virgin Aviation.[23]
In June 2005 Solent Blue Line and Southern Vectis were purchased.[23] In September 2005 the Lewes and Seaford operations of Stagecoach South were acquired and integrated into the Brighton & Hove business.[24]
Into the Midlands
In December 2005 Go-Ahead purchased The Birmingham Coach Company, which operated express coach under contract for National Express and local bus services in the West Midlands under the Diamond Bus name.[5][24] Go-Ahead had been known for some time to be keen to begin operating in the area. OI February 2006 another operator in the West Midlands, Probus Management Limited, trading as People's Express, was purchased.[5][24] In August 2006 the Birmingham Coach Company (trading as Diamond Bus) and Probus operations were regrouped under the Go West Midlands Limited legal entity, with the bus operations branded as Diamond in the West Midlands.
In February 2006 the Hants & Dorset Trim bus refurbishment business was purchased.[24] In April 2006 Govia commenced operating the Southeastern rail franchise.[25]
More acquisitions
In September 2006 Docklands Buses was acquired and integrated into Go-Ahead London followed in October 2006 by Marchwood Motorways that was integrated into Go South Coast.[26][27]
In December 2006 Gatwick Airport parking operator PAS was purchased and integrated into Meteor Parking followed by security provider Nikaro in February 2007.[26]
In June 2007 Blue Triangle was acquired and integrated into Go-Ahead London.[26] In September 2007 Northumbria Coaches was purchased and integrated into Go North East, followed by Stanley Taxis in October 2007 and Redby Buses in January 2008.[28]
In November 2007 Govia commenced operating the London Midland rail franchise.[26] In December 2007 the Orpington services of First London were acquired.[28]
Out of the Midlands
In February 2008 Go-Ahead sold Go West Midlands to Rotala's Central Connect, just two years after purchasing the company.[28] In June 2008 the Gatwick Express rail service was incorporated into Southern.[28]
In October 2009 East Thames Buses was acquired and integrated into Go-Ahead London as well as the Horsham operations of Arriva Southern Counties that were integrated into Metrobus.[29] In December 2009 Plymouth Citybus was purchased from Plymouth City Council.[29]
Out of airports, into America
In January 2010 Go-Ahead sold most of its airport based operations to Dnata UK and Servisair.[30] In March 2010 Konectbus in Norfolk was purchased as well as the Hexham operations of Arriva North East and integrated into Go North East.[31] In August 2010 Go-Ahead America, a joint venture with Cook Illinois in which Go-Ahead held a 50% stake, commenced operating a yellow school bus contract in St Louis, Missouri.[31] In September 2010 Meteor Parking was sold to Vinci SA, bringing Go-Ahead's involvement in the aviation support industry to a close.[31]
More bus operations acquired
In May 2011 Go-Ahead acquired Thames Travel in South Oxfordshire.[31] Acquired in 2012 were Carousel Buses (March) integrated into Oxford Bus Company, Essex based Hedingham Omnibuses (March), the Northumberland Park-based operations of First London (March), Anglian Bus (April) in Norfolk and Suffolk, and H.C. Chambers & Son, Suffolk (June).[32]
Out of America, Thameslink regained
In July 2014, Go-Ahead exited the United States following the loss of its yellow bus contract.[33][34] In September 2014 Govia commenced operating Thameslink and Great Northern, part of the Thameslink, Southern and Great Northern rail franchise it won as Govia Thameslink Railway.[35]
Into Germany and Singapore
In November 2015, Go-Ahead were awarded two rail contracts in Stuttgart, Germany. The contracts will commence in 2019/20.[36] In the same month, Go-Ahead Singapore was awarded a contract to operate 25 bus services in Singapore previously operated by SBS Transit out of Loyang Bus Depot.[37]
Operations
Bus operations
- United Kingdom
- Anglian Bus - bus operation in Norfolk and Suffolk, acquired April 2012
- Brighton & Hove - bus operation in Brighton and Hove
- Go-Ahead London
- Blue Triangle - bus operation in Rainham; acquired by London General on 29 June 2007
- Docklands Buses - bus operation in east London; acquired by London General in 2006
- London Central - bus operation in London, acquired October 1994
- London General - bus operation in London, acquired June 1996
- Metrobus - bus operation in Crawley acquired September 1999
- Go North East - bus operation in North East England and the founding company of the Go-Ahead Group in 1987
- Go South Coast
- Bluestar - bus operation in Eastleigh, Hythe and Southampton
- Damory Coaches - bus and coach operator in Dorset, based in Blandford Forum
- More - bus operation in Bournemouth & Poole (previously Wilts & Dorset).
- Salisbury Reds - bus operation in Salisbury and Wiltshire (previously Wilts & Dorset).
- Southern Vectis - bus operation on the Isle of Wight
- Tourist Group - a group of coach operators in Salisbury
- Hedingham Omnibuses - bus operation in Essex and Suffolk, acquired March 2012
- Chambers - acquired on 2 June 2012. Managed by Hedingham Omnibuses.
- Konectbus - bus operation in Norfolk, acquired March 2010
- Oxford Bus Company - bus operation in Oxford
- Carousel Buses - bus operation based in High Wycombe. Acquired in March 2012 and managed by Oxford Bus Company.
- Thames Travel - bus operation in South Oxfordshire; managed by Oxford Bus Company
- Plymouth Citybus - bus operation in Plymouth
- Singapore
- Go-Ahead Singapore - bus operation in Singapore
Current rail franchises
The company operates the following franchises through Govia, its joint venture with Keolis:
- Govia Thameslink Railway - due for renewal in 2021, operating under the Southern, Gatwick Express, Thameslink and Great Northern brands. In 2016 Southerns was criticised for "[doing] an appalling job ... [cancelling] more trains than all the other rail firms in Britain put together ... the worst record on significant lateness ... the worst performing train operator of the lot. And it shows little sign of improving."[38] In response to the difficulties it introduced an emergency timetable cancelling a sixth of its services. GTR was faced with clashes with trades unions, and said to have employed too few staff to supply the services it advertises.
- Southeastern - due for renewal in June 2018
- London Midland - due for renewal in October 2017
Previous rail franchises
- Thames Trains October 1996 until March 2004
- Thameslink March 1997 until March 2006 (Govia)
The operating companies owned by the Go-Ahead Group act with a significant degree of autonomy under local management. Unlike the other large UK bus operators (Arriva, First and Stagecoach), Go-Ahead does not apply a uniform corporate livery or branding to its operations, adding unobtrusive Go-Ahead signage to vehicles in its different companies' paintwork.[citation needed]
References
- ^ a b c d "Annual Report 2015" (PDF). Go-Ahead Group plc. Retrieved 9 April 2016.
- ^ a b c Chris Moyes obituary The Times 18 September 2006
- ^ a b c d e Go-Ahead Annual Report 30 June 1994 Go-Ahead Group plc
- ^ a b c Go-Ahead Annual Report 29 June 1996 Go-Ahead Group plc
- ^ a b c d Times 100 Case Study Template:Wayback
- ^ a b c Go-Ahead History Go-Ahead Group Handbook British Bus Publishing
- ^ a b Go-Ahead Annual Report 28 June 1997 Go-Ahead Group plc
- ^ a b Go-Ahead Annual Report 1 July 2000 Go-Ahead Group plc
- ^ All aboard for Go Ahead's float The Independent 11 March 1994
- ^ a b Go-Ahead Annual Report 30 June 1995 Go-Ahead Group plc
- ^ The Go-Ahead Group plc and OK Motor Services Limited: A report on the merger situation Competition Commission 1996
- ^ Go-Ahead Annual Report 27 June 1998 Go-Ahead Group plc
- ^ Go-Ahead Annual Report 3 July 1999 Go-Ahead Group plc
- ^ Go-Ahead dives as hostile bid fizzles out The Telegraph 26 October 2000
- ^ Withdrawal from Joint Ventures in Railways in Sweden Go-Ahead Group 19 May 2000
- ^ a b Go-Ahead annual results 30 June 2001 Go-Ahead Group plc
- ^ Connex loses rail franchise BBC News 24 October 2000
- ^ Proposed acquisition by Govia Limited of Connex South Central Limited Office of Fair Trading 16 August 2001
- ^ Completion of Acquisition of South Central Franchise Go-Ahead press release 28 August 2001
- ^ Go-Ahead Annual Report 29 June 2002
- ^ Meteor parking website Go-Ahead Group plc
- ^ Go-Ahead Annual Report 28 June 2003 Go-Ahead Group plc
- ^ a b Go-Ahead Annual Report 2 July 2005 Go-Ahead Group plc
- ^ a b c d Go-Ahead Annual Report 1 July 2006 Go-Ahead Group plc
- ^ Department for Transport announces integrated Kent franchise Department for Transport 30 January 2006
- ^ a b c d Go-Ahead Annual Report 30 June 2007 Go-Ahead Group plc
- ^ "Go-Ahead purchases Marchwood Motorways". BusandCoach.com. Plum Publishing. 26 October 2006. Retrieved 9 October 2013.
- ^ a b c d Go-Ahead Annual Report 28 June 2008 Go-Ahead Group plc
- ^ a b Go-Ahead half year Report 2 January 2010 Go-Ahead Group plc
- ^ Go-Ahead to Sell the Majority of its Aviation Ground Handling and Cargo Operations Go-Ahead Group plc 3 December 2009
- ^ a b c d Go-Ahead Annual Report 2 July 2011 Go-Ahead Group plc
- ^ Go-Ahead Annual Report 30 June 2012 Go-Ahead Group plc
- ^ Go-Ahead quits USA Bus & Coach Professional 23 May 2014
- ^ "School bus contractor closing St. Louis operations". St. Louis Business Journal. 9 May 2014. Retrieved 28 March 2015.
- ^ Govia wins Thameslink rail franchise BBC News 23 May 2014
- ^ Go-Ahead and Abellio win Stuttgart passenger operating contracts Railway Gazette International 17 November 2015
- ^ "British operator Go-Ahead Group wins second Government bus contact". The Straits Times. Retrieved 23 November 2015.
- ^ Aditya Chakrabortty (19 July 2016). "Southern is a story of rail failure. But the real agenda is to crush the unions". The Guardian. Retrieved 19 July 2016.
External links
- Company website
- Go-Ahead Verkehrsgesellschaft Deutschland, the German subsidiary
- Go-Ahead Group companies grouped at OpenCorporates
- Use dmy dates from July 2013
- Companies in the FTSE 250 Index
- Bus groups in the United Kingdom
- Bus operators in Tyne and Wear
- Companies based in Newcastle upon Tyne
- Companies established in 1987
- Companies listed on the London Stock Exchange
- Go-Ahead Group companies
- Transport operators of the United Kingdom
- 1987 establishments in England