Aberdeen-headquartered FirstGroup has won a £60million contract to run London's iconic urban cable cars.
The transport company has been awarded a five-year contract to operate the scheme - which links the Greenwich Peninsula with the Royal Docks area on the north bank of the River Thames - by Transport for London (TfL).
The deal starts at the end of June and includes the option to extend the contract for a further three years.
In a market update this morning, First said the contract could be worth £60million over the full eight-year term, and that the group is "already working on plans to improve the service" during the period of the contract.
Graham Sutherland, FirstGroup Chief Executive Officer, said: "We are delighted to have been awarded the contract to operate the London cable car, the only urban cable car in the UK. We are looking forward to working with Transport for London in order to develop the customer proposition for this iconic London experience and landmark and place the service at the heart of its local community."
Mr Sutherland added: "FirstGroup has been one of the largest transport operators in the country for nearly three decades, working with a wide range of partners under various forms of contract types, growing passenger demand, creating economic benefits for our communities and delivering significant infrastructure projects.
"We are actively pursuing opportunities to grow and diversify our portfolio and earnings through further opportunities in the UK, including participating in TfL tenders such as this."