Britain’s Stagecoach says Feb demand nearly 80% of pre-pandemic levels

(Reuters) – British bus and rail operator Stagecoach said on Wednesday regional journeys during the first half of February totalled 70%-78% of pre-pandemic levels, after Omicron restrictions were eased in January.

Stagecoach, which is set to be bought by National Express in a roughly $590 million deal, projected a further recovery in demand after April, and said it was on course to meet trading expectations for the year ending April 30.

(Reporting by Shanima A in Bengaluru)

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