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Buses leased for London

Stagecoach Group will lease 160 new buses for its London operations. The new vehicles are part of a multi-million-pound plan to renew and expand the bus operator’s fleet nationwide.

A total of 520 new vehicles are being ordered for the UK, with 360 buses and coaches purchased for operations across the country. The leased vehicles will mainly operate in London.

A spokesperson said: “In London, we operate contracts on behalf of Transport for London. These tend to be for five years using buses to a particular specification, so it makes sense to lease rather than buy.”

A total of 356  vehicles in Stagecoach's London business are currently covered by leases. Another 57 coaches are on lease in locations outside London.

The new buses to be used in London are ADL Enviro 400 double-deckers are ADL Enviro 200 midibuses. The latest order follows an investment in 60 hybrid electric buses, which was announced last year. It will mean Stagecoach is now buying or leasing more than 580 new buses and coaches for the UK in the 2011-12 financial year.

All of the vehicles meet Euro 5 emissions standards. Stagecoach UK Bus managing director Les Warneford said: “Minimising carbon emissions is a key factor in our investment programme. We want to play our part in reducing the impact of travel on the environment.”

The new orders follow an annual tendering process. As the leasing arrangements are not yet finalised, no details could be provided on the final value of the deal or the name of the winning companies.

Antonio Fabrizio