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National Express reports £445m loss for 2020 after 80% drop in passengers

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Revenues at coach and bus operator fall by 29% but firm predicts rapid recovery as Covid restrictions ease

National Express has slumped to a £445m loss for 2020 after coronavirus travel restrictions led to an 80% fall in passenger numbers last year.

The coach and bus operator swung into the red after making a pre-tax profit of £187m in 2019. Revenues declined by 29% to just under £2bn.

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