Sale of Local Authority bus companies

[Mayneway]

RE: Sale of Local Authority bus companies

(19/12/2015 12:20)RSTurbo50 Wrote:  They sold the 11 plate Solos not because they need the money but because they don't require that size of vehicle anymore. They used them to inter work services with the 31 but that service has been withdrawn. What's the point of keeping them f they are no longer required. Perhaps makes good business sense? Also some of the 53 plate VDLs have since been brought back into service to replace these...

The Versas purchased was 'partly' funded by the local authority. However they also received a substantial grant for greener buses, a government initiative. High fares, well that's a management decision and I'm not n a position to answer that one.

The staff can't be paid? Where on earth have you got this from? I'd be interested to know your source on that one.

Why would they buy second hand buses now when they have a more than adequate fleet? You obviously have a short memory as the company purchased a fair few Deckers from Londn in 2011 all of which were second hand..

Just thought I would clear up some facts.

It was well publicised a while ago that NW had taken a substantial loan off Warrington council a couple of years ago, infact it was one of the reasons it was claimed they had hiked fares up last time around - not the recent rises!

As for the Solos.
Presumably it's the same as buying a brand new car. As soon as you drive it off the forecourt it looses money that your never going to get back.
Now we don't know how much they bought the solos for or how much they have just got for the 3 sold but what's the guessing it's a hell of a lot less?
It's extremely poor management to go and buy brand new vehicles, hike up fares soon after - so in the eyes of passengers there paying, then flog the buses 3 years later because there no longer needed. If nothing else a complete waste of money.