RATP Dev Transit London

RATP Dev UK Ltd,[1] trading as RATP Dev Transit London, is a joint venture between RATP Dev and Kelsian Group in London, England. It owns the London bus companies of London Sovereign, London United and London Transit. It commenced on 11 December 2021 and mostly operates in North west, West and South West London as well as some services into Central London.

RATP Dev Transit London
IndustryTransport
Founded11 December 2021
HeadquartersStamford Brook Garage,
London
,
England
OwnerRATP Dev (87.5%)
Kelsian Group (12.5%)
Number of employees
4,000
SubsidiariesLondon Sovereign
London Transit
London United
Websitewww.ratpdevtransitlondon.com

History

In September 2021, RATP Dev and SeaLink Travel Group (now Kelsian Group) announced they had agreed to form a joint venture to combine some of their Transport for London contracted bus operations. RATP hold an 87.5% shareholding, with Kelsian owning 12.5%. RATP Dev Transit London commenced with 1,250 buses on 115 routes from 10 garages.[2][3][4]

RATP Dev Transit London combined all of RATP's London Sovereign and London United operations, with both retaining their existing brands, while Tower Transit's operations out of Westbourne Park garage operate under the London Transit brand. RATP Dev Transit London trading commenced on 11 December 2021.[5][6][7][8]

The RATP Group placed its London operations under review in March 2023 after reporting a €26 million (£23.2 million) loss across the group's operations in 2022, with RATP announcing they were exploring proposals to sell or dilute their shareholding in RATP Dev Transit London. RATP's London operations have been impacted by a bus driver shortage, inflation and strike action resulting in a 10% pay increase compared to the initial 2.3% offered.[9]

Fleet

As at March 2023, the fleet comprised 1,187 buses.[10]

References
  1. Companies House extract company no 7281350 RATP Dev UK Ltd
  2. RATP Dev and Tower Transit to form West London JV Route One 23 September 2021
  3. RATP Dev and Tower Transit to form joint venture Bus & Coach Buyer 24 September 2021
  4. "Joint Venture Completion - RATP Dev Transit London Ltd". 13 December 2021. Retrieved 17 December 2021.
  5. News flash RATP Dev
  6. Tower Transit and RATP to merge operations Buses issue 800 November 2021 page 24
  7. RATP Dev London JV begins operation Route One 13 December 2021
  8. "RATP London operations 'under review' following group financial losses". Coach & Bus Week. Peterborough: Emap. 14 March 2023. Retrieved 14 March 2023.
  9. Bus Fleet Audit Transport for London
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