East London Bus Group
5 posters
East London Bus Group
peanutbutter Thu Oct 14, 2010 12:55 pm
There Rumours floating about that East London Bus Group is about to be sold!
peanutbutter- Posts : 558
Join date : 2010-04-30
Bristol LH- Admin
- Posts : 851
Join date : 2010-04-26
Location : Yorkshire
Re: East London Bus Group
peanutbutter Thu Oct 14, 2010 1:58 pm
Bristol LH wrote:Old news there Peanut.
Can you tell us WHO? it was suppose to be done today
peanutbutter- Posts : 558
Join date : 2010-04-30
Re: East London Bus Group
Bristol LH Thu Oct 14, 2010 2:07 pm
ELBG has been up for sale for well over 6 months, as it is losing cash big time, like every London operator.
Bristol LH- Admin
- Posts : 851
Join date : 2010-04-26
Location : Yorkshire
Re: East London Bus Group
peanutbutter Fri Oct 15, 2010 2:34 am
Uncle Brain sold it sold for £263m, bought back for £59m - bargain ! 
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
Last edited by peanutbutter on Fri Oct 15, 2010 2:46 am; edited 1 time in total
peanutbutter- Posts : 558
Join date : 2010-04-30
Re: East London Bus Group
Paladin Fri Oct 15, 2010 2:37 am
[You must be registered and logged in to see this link.]
Paladin- Posts : 228
Join date : 2010-04-26
Re: East London Bus Group
peanutbutter Fri Oct 15, 2010 2:49 am
We plan to finance the majority of new vehicles for the business with operating leases that match the related contracts with Transport for London. The operating lease model will increase the London business' costs. However, it will mean that the fleet strategy of our non-London UK Bus operations is less dictated by owned vehicles that are no longer required by the London business being forced upon the non-London business. This should in turn avoid any dilution to our successful strategy for our non-London UK Bus operations.
I bet he done that because he know its pointless trying to send these TFL buses out other areas
peanutbutter- Posts : 558
Join date : 2010-04-30
Re: East London Bus Group
peanutbutter Sat Oct 16, 2010 11:40 am
One of London's biggest bus companies today buckled under the weight of its own debt and collapsed into administration only to be bought immediately by its one-time owner Stagecoach.
[You must be registered and logged in to see this link.]
peanutbutter- Posts : 558
Join date : 2010-04-30
Re: East London Bus Group
Bristol LH Sat Oct 16, 2010 12:30 pm
I think this could back fire on Souter, as there are plans to slash the subsidies to London bus operators by up to 40%. Make the kids under 16 pay again, as well as the muppets...
Bristol LH- Admin
- Posts : 851
Join date : 2010-04-26
Location : Yorkshire
Re: East London Bus Group
patrolman Sat Oct 16, 2010 2:08 pm
Bristol LH wrote:I think this could back fire on Souter, as there are plans to slash the subsidies to London bus operators by up to 40%. Make the kids under 16 pay again, as well as the muppets...
Lettin kids up to 13 travel free on london buses was a recipe for trouble
, when i worked down there the kids in brixton kicked the arse out of it,if you tryed to put your foot down there was no backup from the men upstairs,heaven forebidd you may start a riot doin your job properly 
.
patrolman- Posts : 18
Join date : 2010-09-18
Re: East London Bus Group
Daisy Dart Sat Oct 16, 2010 2:14 pm
Bristol LH wrote:I think this could back fire on Souter, as there are plans to slash the subsidies to London bus operators by up to 40%. Make the kids under 16 pay again, as well as the muppets...
I had to pay when I was a kid so I don't see why these cotton wool wrapped numpties today should get free travel!!!
Daisy Dart- Admin
- Posts : 629
Join date : 2010-04-26 -
Permissions in this forum:
You cannot reply to topics in this forum|
|
|