History
InterCity is the direct successor to New Zealand Railways Road Services long-distance routes. New Zealand Railways' rail and road services were combined in 1985 as the Passenger Business Group of the New Zealand Railways Corporation. InterCity began in 1987 as the brand for long-distance rail and road services.
In 1991 the rail-based assets were transferred to New Zealand Rail Limited and the long-distance buses and InterCity name were bought by InterCity Management Limited, a group of seven of the country's largest private coach companies - Whangarei Bus Services, Bayline Group, Ritchies Transport Holdings, Tranzit Group, Guthreys Coachlines, Nelson SBL and PTL Route Services - as a franchise-based operation. Each of the franchisees is responsible for operating set routes, usually close to their home base. Of the original seven franchisees four remain, with one new franchisee (SDK Ltd) operating services in Northland where Whangarei Bus Services previously held the franchise.
Over the years the company name has changed from InterCity Coachlines Ltd to Coachnet NZ Ltd, followed by InterCity Group Ltd and most recently InterCity Holdings Ltd.
Read more about this topic: Intercity (New Zealand)
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