Effective from December 2021, this new joint venture will see the London bus market players come together in West London as RATP Dev Transit London. Under the terms of the joint venture agreement, RATP Dev will operate as the majority partner.
Under the London United, London Sovereign and the new London Transit brands, the joint venture will operate 115 routes from 10 garages, in West London. Lea Interchange, in East London, will remain a separate Tower Transit entity.
Commenting today, Mehdi Sinaceur, RATP Dev Senior VP - United Kingdom, South Africa, and Americas Business Unit, said: “This partnership will increase our competitiveness, improve our cost base, further our commitment to electrification, enhance our offer to passengers and expand opportunities for employees.”
In London, RATP Dev London employs over 3,500 valued team members transporting 250 million passengers each year around the capital. It operates 1,100 buses on over 100 routes from 10 garages located in West London.By 2022, 24% of the RATP Dev London fleet will be electric with the electrification of six of its garages operating 13 electric routes.
In West London, Tower Transit employs around 500 staff who facilitate over 12 million passenger journeys each year on eight routes. Of the current 131 vehicles in operation, 37, representing 28% of the fleet, are on two fully electrified routes.