Stagecoach on track to extend £300m Covid loan by a YEAR amid uncertainty over duration of lockdown Stagecoach has agreed an extension to the first £100million And it is hammering out new terms for the remaining £200million It will not have to repay the loan until February 2022 By Neil Craven for The Mail on … Read more
Coachella and Stagecoach 2021 have officially been cancelled by the Riverside Department of Public Health The Coachella Valley Music and Arts Festival’s highly-anticipated return for April 2021 has been officially canceled due to the ongoing coronavirus pandemic Dr. Cameron Kaiser, the public health officer for Riverside County where the massive festival is held annually announced … Read more
Buses won’t be full for years, says Stagecoach, as revenues and earnings crash Company caution that there could be some permanent changes to the way people travel Revenue, which had been on track before the pandemic hit, dropped from £1.9billion the year before to £1.4billion By Francesca Washtell For The Daily Mail Published: 22:08 BST, … Read more
Stagecoach scraps dividend for shareholders amid lower bus passenger numbers and the demise of rail franchises Stagecoach’s commercial revenues are now back at 40% of their pre-Covid level A £254m government package for bus, tram and light rail was announced in May By Harry Wise For This Is Money Published: 16:29 BST, 22 July 2020 … Read more