The Go-Ahead Group, a public transport group that operate bus, rail, car-parking and aviation support services, has reported that its operating profit rose by 16.8% to GBP64.5 million for the half year ended December 29, 2007, compared to GBP55.2 million for the same period in 2006.

By Danny Fortson Go-Ahead Group lost nearly a fifth of its market value yesterday amid a sell-off by investors spooked by the bus and rail operator's cautious outlook for the rest of the year.

By Graeme King MULTI-MILLION pound investment in new buses by Go North-East has boosted passenger numbers in the first success of a radical overhaul of the company.

Results from its West Midlands bus business remain below target, train and bus operator Go-Ahead Group said yesterday. The problem was highlighted by the Newcastle company's chairman Sir Patrick Brown at the firm's AGM yesterday.

AIRPORT chaos hit transport group Go- Ahead. Its aviation arm, which runs airport car parks and loads bags onto planes, made a 3.8m loss against an 8.6m profit in 2006.