Sale of Local Authority bus companies
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RE: Sale of Local Authority bus companies
(19/12/2015 09:09)T42 PVM Wrote: It is a bit clear Network Warrington are struggling otherwise they would not of put their fares up as much as they did and they would not of had to take a loan out with the council, However First will not buy it as they are still sorting themselves out and Rotala just dont have the funds for something to big Should either Warrington or Halton be put up for sale I would have thought that Stagecoach would be best placed to bid for these two operations for two reasons. Firstly, unlike Arriva, as they currently have no other interests in these areas they would not be prevented by the MMC from bidding and secondly, in the past few years they have a good track record of acquiring and turning around failing bus operations, Wirral being a prime example. |
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