The Go-Ahead Group is pleased to announce that it has been awarded the ‘E-Netz Allgau’ routes by the Bavarian rail authority and the Baden-Wurttemberg public transport authority.
The network provides regional services and important links between Munich and Lindau, within the German federal states of Bavaria and Baden-Wurttemberg.
Electric trains will run approximately 2.5m train kilometres on the route, which is currently operated by Deutsche Bahn.
Due to commence in 2021, the 12-year franchise is the fourth network that Go-Ahead’s Germany company, Go-Ahead Bus and Bahn, has been awarded. The other contracts start in June 2019 and December 2019.
Go-Ahead Chief Executive, David Brown, said:
“We are delighted to have been awarded this important regional route. Our growing local team continues to look for opportunities in the region as part of our strategy to build a long-term German transport business. This network complements our existing contracts in the region and builds on our desire to provide end to end journeys including through our stake in German electric car sharing business, Mobileeee.”
Go-Ahead is a leading UK public transport operator, providing high quality services in the bus and rail sectors. Employing around 27,000 people across the country, over one billion passenger journeys are undertaken on our services each year. We are committed to operating our companies in a safe, socially and environmentally responsible way and are proud to have been accredited with triple Carbon Trust Standard for reductions in carbon, water and waste. In addition to the travelling public, our customers include the Department for Transport, Transport for London (TfL) and local authorities.
Go-Ahead is one of the UK’s largest bus operators. With a fleet of around 5,200 buses, we carry over two million passengers every day. Our operations are focused on high density commuter markets. We have a strong presence in London, with around 24 per cent market share, where we provide regulated services for TfL. Outside London, we operate services in Oxford, East Anglia, the South East, Southern and north-east England. In September 2016, the Group began operating a bus contract in Singapore, on behalf of the Land Transport Authority.
The rail operation, Govia, is 65 per cent owned by Go-Ahead and 35 per cent by Keolis. It is the largest rail operation in the UK, responsible for over 30 per cent of all UK passenger rail journeys through its rail franchises: GTR (Govia Thameslink Railway) and Southeastern.
Certain statements included in this press release contain forward-looking information concerning the Group’s strategy, operations, financial performance or condition, outlook, growth opportunities or circumstances in the sectors or markets in which the Group operates. By their nature, forward-looking statements involve uncertainty because they depend of future circumstances, and relate to events, not all of which are within the Group’s control or can be produced by the Group. Although the Group believes that the expectations reflected in such forward–looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. Nothing in this press release should be construed as a profit forecast and no part of these results constitutes, or shall be taken to constitute, an invitation or inducement to invest in The Go-Ahead Group plc or any other entity, and must not be relied upon in any way in connection with any investment decision. Except as required by law, the Group undertakes no obligation to update any forward looking statement.