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National Express PLC sees passengers return as restrictions are lifted

April revenue was up by around 50% compared to last year
Coaches are running again after shutting during the third lockdown
National Express Group PLC (LON:NEX) said trading has improved in all of its markets as the easing of lockdown restrictions sees more people use buses again.
April revenue was up by around 50% compared to last year, the group said in a trading update, though year to date to 30 April 2021 was still 16% below twelve months ago.
In the UK, the group s coach network has reopened and is currently running 13% of pre-Covid mileage with occupancy rates of around 85% of available seats. ....

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National Express predicts recovery after 'encouraging' start to the year

Social distancing restrictions remain the key determinant of occupancy levels, with less than half the normal seating capacity available to sell, National Express said. Once social distancing restrictions are removed, it expects occupancy rates to rise given the pent-up demand for travel.
Group chief executive Ignacio Garat said: “I am pleased to see the continued improving performance trajectory across our business in the first four months of 2021 despite the ongoing lockdown restrictions. It is very encouraging to see the positive impact on profit delivery of the management actions taken last year.
“I remain grateful for the tireless work and commitment of our colleagues, and for the ongoing support we continue to receive from both customers and authorities, once again demonstrating the strength of the relationships we have built over the years. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20110417:10:26:00

20,000 border agents and we have 100,000 irs agents? we ve got to focus our spending so that we re putting it where places where things make some sense. 100,000 irs agents and 20,000 people on the borders is just illogical. we ve got to focus our priorities and end these things where the president gives a speech talking about reducing the debt, the national debt that we have, but then proposes a budget that actually increases the national debt. we ve got to get our rhetoric to match our actions and that s what we ve done and able to run surpluses now and cut fares. dave: you can read more about the techniques in driving excellence transforming your organization s culture and achieve revolutionary results. mark, thanks for being with us this morning. thank you very much, dave. dave: guys, what s coming up. clayton: coming up on the show, it s happened again. a fifth air traffic controller false asleep on the job, get ....

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