Lothian Buses & First Scotland East

[gilesbus1]

RE: Lothian Buses & First Scotland East

(05/06/2019 17:01)Southernsofty Wrote:  just checked my notes and for year ending April 2018 (latest available figures, just over a year old)
First Scotland East (Livingston)made an operating profit of £639,000 on a turnover of £8.8M, thats @ 7%.
Midland Bluebird, which consists of Larbert & Bannockburn, made an operating loss of £1.1M on a turnover of £22.7M.
Livingston would appear to be the only profitable part of FSE/Midland Bluebird, it seems to be the Depot that has had the most investment vehicle wise, of the course the promised Edinburgh LEZ has probably had a bearing.

I'm guessing then the competition will not be helping that £639,000 and next year it will be a loss meaning the whole fleet is at a loss, Lothian would be in best position to succeed there, and maybe the other three depots and Bannockburn, Larbert and Balfron could then be placed under First Glasgow control meaning an operating division would vanish and an MD's wages and other Head Office staff wages could be saved at Larbert, maybe bringing it back into profitability. (Just a thought).