Public transport operator Stagecoach has this
month (May) signed a £5.8 million (€6.7 million) hire purchase
agreement for 36 double decker buses.

The deal was signed with Lloyds TSB and will
see the Enviro 400 buses in use across the UK.

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Bodied by Alexander Dennis in Falkirk, 27 are
in service in the west of Scotland, three are in service in Swindon
and the remaining six are in Lincoln.

Stagecoach’s rail division also recently
issued contract notices for financial leasing services at a value
of more than £1 billion for the supply of rolling stock.

Claire Hack

GlobalData Strategic Intelligence

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