Stagecoach Strathtay has announced that bus fares in Angus and Dundee are to rise by an average of under three per cent from Sunday, April 5, reflecting rising costs and reduced public sector investment in buses.
The fares increase, which follows an annual review, is broadly in line with increasing staff costs resulting from growth in the economy.
Stagecoach point out that money from fares is used to invest in more modern, greener vehicles, technology and enhanced services. The company announced recently that it is investing £80 million in new vehicles for its bus and coach operations in the UK and mainland Europe.
A spokesman said: “Bus operator costs across Scotland are rising faster than the income generated from people using the bus. There has been a real-terms cut to the reimbursement paid to bus operators under the Scottish Government’s free concessionary bus travel scheme.”
Stagecoach say that in the Angus and Dundee area last year, investment of £2.4m in new vehicles and routes provided enhanced services and journey opportunities for residents. More investment is planned this year.
The company says it is frequently asked: “Should bus fares not be falling due to lower pump prices?”
The answer they give is: “Like other transport companies, we fix the price of our fuel in advance to protect customers from the regular ups and downs in the price of oil and provide greater certainty in financial planning which is essential for any business. Fuel accounts for only 11 per cent of our operating costs and cost increases elsewhere are rising faster than the income we get from people catching the bus.”
More information is available at www.stagecoachbus.com