National Express Revenue Growth Slows

National Express have reported a slow down in revenue growth for the first three months of the year on their East Anglian franchise, NXEA, to 3.8%.

Revenue growth has also fallen on their other rail franchises, East Coast and C2C, 0.3% and 4.6% respectively.

National Express Franchise Problems Continue

Further reports in the press  suggest that National Express are still trying to renegotiate their East Coast franchise.  The government are adamant however that franchises not open to renegotiation which may leave National Express with no option but to hand back the franchise.  Press reports also indicate that this could well have an impact on their other franchises - C2C and NXEA.