(02 May 2015, 12:05 pm)G-CPTN wrote Could be in anticipation of possible action by the new government - freezing prices
There could be a number of factors. This section on their third quarter update is curious though.
Bus:Source: http://m.go-ahead.com/media/news/2015-ne...-2015.aspx
Regional:
As expected, revenue growth slowed in the third quarter due to the lapping of contract gains in the same period last year. Passenger journey growth continued to slow, with ongoing economic weakness in the north east affecting our operations, and roadworks in Oxford and Brighton significantly impacting our services in those areas.
Year to date growth rates:
Revenue Passenger journeys
c.3%. c.-1%
Whilst not specific to the North East, the report states that revenue is increasing and passenger journeys dropping - across their network.
Nice of them to identify economic weakness in the NE, as a reason for passenger growth slowing...