FirstGroup
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FirstGroup plc | |
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Type | Public (LSE: FGP) |
Founded | 1995 |
Headquarters | Aberdeen, Scotland, UK |
Area served | United Kingdom, Ireland, Canada and USA |
Key people | Moir Lockhead |
Industry | Public transport and Railfreight |
Products | First, First ScotRail, First Great Western, First Capital Connect, TransPennine Express, Hull Trains, First Student and FirstGBRf. |
Revenue | £3,709m (12 months to March 2007) |
Operating income | £203.6m (12 months to March 2007) |
Net income | £102.1m (12 months to 31 March 2007) |
Employees | 135,000 (approx) |
Subsidiaries | UK Bus, UK Rail, First Student, First Transit, First Services, Greyhound USA and Greyhound Canada |
Website | http://www.firstgroup.com/ |
FirstGroup plc (LSE: FGP) is a Scottish transport company operating in the United Kingdom, Ireland, Canada and USA, with headquarters in Aberdeen. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
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[edit] Company
FirstGroup plc is Britain's largest bus operator running more than one in five of all local bus services. A fleet of nearly 9,000 buses carries some 2.9 million passengers a day in more than 40 major towns and cities. FirstGroup also run passenger and freight rail services in the UK. Passenger rail franchises consist of First Great Western, First Capital Connect, First TransPennine Express and First ScotRail. They also operate First Hull Trains (an 80% share), a non-franchised open access intercity passenger train service and provide rail freight services through FirstGBRf. First operates the Croydon Tramlink network carrying approximately 24 million passengers a year on behalf of Transport for London, although its contract has been cancelled and will be transferred wholly to TfL.
In North America, FirstGroup has several divisions: First Student which runs school bus routes; First Transit which holds many city and county public transport contracts; and First Vehicle Services which maintains vehicles for many corporations, organisations and local governments, including the other First divisions and Greyhound lines. Canadian operations are provided through their First Canada subsidiary which operates school buses and fulfills public transport contracts.
FirstGroup has always had a consistent brand and most of the names of its operations begin with the word First, such as First ScotRail, First Aberdeen, First Glasgow and First Bristol. The company has since removed all local branding for its local bus services - buses now simply carry the fleet name ‘First’ throughout the UK, although each company still operates independently. Its corporate colours are white, rubine red and blue, and many of its buses and trains are now liveried in these colours - though buses and trams operating Transport for London-tendered services, and suburban rail services in Strathclyde operated on behalf of SPT retain those authorities' liveries - red, and carmine/cream respectively.
First own and operate the Aircoach service in Dublin[1], linking Dublin Airport with the Dublin southside, Greystones and Bray as well as long distance runs to Cork and Belfast. Aircoach also operate car park shuttles at Belfast and Dublin Airports. As of April 2008, Aircoach has started operating shuttle bus services for the Mater Private Hospital and Phoenix Park. Aircoach does not carry corporate branding although recently drivers have begun to receive standard FirstGroup uniforms with additional Aircoach branding.
[edit] History
The company was formed as FirstBus in June 1995 through the merger of two bus companies, the Badgerline Group (see Badgerline) and GRT Limited (Grampian Regional Transport).
In 1998 the company was renamed FirstGroup when the company moved into railways with the privatisation of British Rail, gaining the Great Eastern franchise, then purchasing Swindon based Great Western Trains, holders of the North Western and Great Western franchises. Soon after, they also began operating London’s Tramlink system under franchise from London Transport.
During 2004, First were awarded the ScotRail franchise to run trains in Scotland, in which it already operated the lion’s share of bus services, and took over the new TransPennine Express franchise in partnership with French transport company Keolis. In addition, First Great Western run the Heathrow Connect service in partnership with BAA.
The First North Western franchise, however, was lost to Serco/NedRailways in December 2004. First North Western’s services in northern England were combined with those previously run by Arriva Trains Northern (and not part of the Transpennine network) to form the new Northern Rail franchise.
First have also lost First Great Eastern to National Express Group who operate it as National Express East Anglia. In fact, they were banned from bidding for the franchise, despite being named Train Operator of the Year at the time.
From 1 April 2006 First has operated a new rail franchise under the brand First Capital Connect. This comprises the amalgamation of the existing Great Northern line of the former wagn service and the Thameslink line.
The Great Western franchise was extended in 2006 to also include the services of the former Wessex Trains and Thames Trains, and this new franchise was again awarded to First.
New World First Bus (NWFB) of Hong Kong was jointly established and owned by the group and NWS Holdings Limited since 1998 . The brand new company had successfully won the tender of 88 Hong Kong Island routes formerly operated by China Motor Bus. In late 2000, the group sold all 26% of NWFB stocks to NWS Holdings.
In February 2007, FirstGroup agreed to buy the U.S.-based firm Laidlaw, an operator of inter-city coaches and yellow school buses across North America, for £1.9 billion (US$3.7 billion). This also gives them a controlling stake in Greyhound Lines, the largest bus operator in North America.[2]
On October 1, 2007 Firstgroup completed its acquisition of Laidlaw for $2.8B to become the largest school bus company in America.[3] The Greyhound name and names of Canadian subsidiaries of Greyhound Canada were retained, but all other Laidlaw-owned services in the United States and Canada were rebranded under the First or Greyhound names.
First also operate bus services in Germany and have a joint venture with Danish State Railways.[4]
[edit] Senior management
First's senior management are as follows:[5]
- Martin Gilbert - Non-Executive Chairman
- Moir Lockhead - Deputy Chairman and Chief Executive
- Dean Finch - Chief Operating Officer - North America
- David Leeder - Director of International Development and Marketing
- Sidney Barrie - Commercial Director and Company Secretary
- Nicholas Chevis - Acting Finance Director
- David Dunn - Senior Independent Non-Executive Director
- James Forbes - Non-Executive Director
- Audrey Baxter - Non-Executive Director
- David Begg - Non-Executive Director
- James Forbes - Non-Executive Director
- John Sievwright - Non-Executive Director
- Martyn Williams - Non-Executive Employee Director
[edit] Current operating companies
[edit] Rail services
- First Capital Connect
- First Great Western
- First TransPennine Express (55% stake) [1]
- First ScotRail
- FirstGBRf
- First Hull Trains (80% stake) [2]
[edit] Light rail services
- First London (operator of Tramlink)
[edit] Bus and coach services
[edit] UK
- See also: Bus transport in the United Kingdom
- First Aberdeen (formerly First Grampian)
- First Berkshire & The Thames Valley (formerly First Beeline)
- First Bradford
- First Bristol (formerly First Cityline)
- First Calderdale & Huddersfield
- First Chester & The Wirral
- ChesterBus (Local services within the City of Chester)
- First Cymru
- First Devon & Cornwall (formerly First Western National)
- Truronian (sub brand of First Devon & Cornwall due to become part of First Devon & Cornwall)
- First Eastern Counties
- First Edinburgh (formerly First SMT, First Borders and First Midland Bluebird)
- First Essex (formerly First Eastern National)
- First Glasgow (formerly First Kelvin and First Greater Glasgow)
- First Hampshire & Dorset (formerly First Southampton, First Provincial and the Dorset operations of First Southern National)
- First Leeds
- First Leicester
- First London
- First Manchester
- First Pennine (which forms part of First Manchester)
- First Midland Red Buses Limited (sometimes referred to as First Wyvern)
- First Northampton
- First Potteries (Operating in Staffordshire and South Cheshire)
- First Somerset & Avon (formerly Badgerline and the Somerset operations of First Southern National)
- First South Yorkshire
- First York (including the York Park and Ride operated by First)
[edit] Ireland
[edit] USA
- First Transit (Bus and rapid transit in USA)
- First Student (School Bus services all over United States)
- Greyhound Lines (Intercity bus transit in the USA)
[edit] Canada
- First Student Canada (School and Charter Bus services across over Canada)
- Greyhound Canada (Intercity bus service in Canada)
- Grey Goose Bus Lines
- Vancouver Island Coach Lines
- Voyageur Colonial Bus Lines
[edit] Fleet numbers
In 2003 First introduced the SemaVoyager system of fleet numbering across all its fleets within the United Kingdom. Vehicles now carry five-digit fleet numbers, with the first digit denoting vehicle type, as follows:
- 1xxxx: Articulated buses
- 2xxxx: Coaches
- 3xxxx: Double-deck buses
- 4xxxx: Midibuses
- 5xxxx: Minibuses
- 6xxxx: Full-length single-deck buses
[edit] Services formerly operated
- First Great Eastern (until April 2004, now operated by National Express Group as National Express East Anglia - formally known as 'ONE')
- First North Western (until December 2004, services now operated by Northern Rail, TransPennine Express, Arriva Trains Wales and Virgin Trains.)
[edit] References
- ^ a b Aircoach. FirstGroup. Retrieved on 2008-05-20.
- ^ BBC, accessed 1/12/08: http://news.bbc.co.uk/1/hi/business/6345627.stm
- ^ First Group website, accessed 1/12/08: http://www.firstgroup.com/corpfirst/newsreleases_more.php?id=275
- ^ Scotsman.com Business
- ^ FirstGroup senior management: http://www.firstgroup.com/corpfirst/directors.php
[edit] See also
[edit] External links
- Corporate web site
- FirstGroup America
- FirstBus Canada
- First Student (US)
- First Transit (US)
- Aircoach web site
- York Aircoach web site
- Driving Up Standards - Trade union website
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