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National Express Group plc () is a UK -based Transport group that operates Airport , Bus and Rail services in the UK, the US and Canada , Australia , Spain , Portugal and Morocco and long-distance coach routes across Europe. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index . HISTORY The ''National Express'' brand was created in 1972 by the state-owned '' National Bus Company '' (''NBC'') to bring together the express bus and coach services operated by the bus operating companies within the NBC group. The National Express network was largely a branding and management exercise, with services continuing to be operated by the individual companies. With the Privatisation of the NBC in the 1980s , National Express was subject to a management buy-out in 1988 . In 1992 , National Express Group PLC was floated on the London Stock Exchange with a remit to acquire new businesses in the passenger transport market. Acquisitions
Also in mid 2005, the group bought the London buses arm of Tellings Golden Miller and branded it Travel London. This included a number of services in South West London and Surrey. The group has also moved into operations outside the UK. At one time it had extensive bus, rail and tram operations in Australia, but with the collapse of the group there, all operations were either sold off or had control returned to the State Government (see 'Services formerly operated'). Only one bus operator was retained, Westbus in Australia. It led to a strange situation developing, as Westbus at the time of acquisition owned a subsidiary operation in London, called Westbus in Australia that still operates and is managed from Sydney. FINANCES In the year ended 31 December 2004 the group's turnover was £2,560.2 million. Profits were £63.1 million before tax and £40.8 million after tax. OPERATING COMPANIES Bus and Coach Services As of April 2006 , the bus and coach services operated by the group are:
Rail Services
'Electrostar' unit 357036 at Southend Central on 29 March 2003 . All c2c services are operated by these Electric Multiple Unit s.]] Former Businesses/Services Rail franchises previously operated by the group include:
Airports also operated include: East Midlands & Bournemouth Australian bus companies previously operated by the group include:
Airports The only airport operated and maintained by the group is Stewart International Airport , in New Windsor , New York , US. On September 29, 2006, it announced it was selling its rights to Stewart, seven years into a 99-year Lease that marked the first attempted Privatization of a U.S. passenger airport. EXTERNAL LINKS |
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