First Wants £80Million within Two months,but Selling of crap will only get crap Money, the fleet is still in a mess, no one is clear on what Firstbus UK end goals expect Few member in first.
Even taking everything that doesn't make a profit or listed below etc, I think the best raised up bring the total up to " £40-£50M ". Thus some people will not like this fact, SOMETHING BIG HAS TO BE SOLD:
NOT IFS OR BUTS:
Alot of account details have now been published, and some places it there flashing red. Some people will continue to disagree but fact speak for themselves, Again Rumors appear there MUST be questioned.
Here is an interest Quote from Giles Fearnley:
"I cant say too much at the moment. Once we reach the end of the programme our strategy will be MUCH CLEARER: 12 months ago we carefully reviewed our whole business and decided to invite offers for some parts. We're fundamentally dedicated to developing our businesses. In that respect, were fortunate to be the major operator in eight of the 17 most densely populated conurbations outside London"
FLEET: "Were bang on target with the DDA deadline. by march 2013 we will have taken 950 buses since April 2011.We are going to announce further orders soon. We will also be splitting orders 50/50 between Volvo/wrights and ADL. That doesn't imply criticisms or concerns it is just good logic for a fleet our size. The majority of our new vehicles intake for the next two years will be Single deckers.
This isnt a policy change - the double decker replacement programme was skewed due to both the Olympics and TFL contracts "
I really don't get where he coming from with the fleet, also where is details of the other First glasgow order? on top for the 40 E300 back last years. Can anyone take a guess what the FIRSTBUS end goals are?
Plus still nothing more had been done with RATP Dev appointing Steve Whiteway" as the new Area Director North, with the only thing in the north the Manchester trams. Statement: RATP continues to consider new opportunities in the uk and the ambitious plans have brought about the need for some structural changes within the RATP.
First in Northampton: and First Leicester
Odd reporsent a number of factors, including the most liklest out comes. Northampton made reported approx £50'000 in losses. Leicester figure I have heard is 4%? here still no sign in new livery or new buses,
there nothing of value in Northampton. while Leicester is 100% DDA but it has to share, Could first get rid to streamline its operations?
* Betting withdrawn: Northampton to close down,
* 13/8: For the Depot to be sold off or with Leicester
* 2/1: Leicester to be sold off.
Why has these odd gone lower? a number of current factors all seem to point one way, its could be a RED herring but who can tell.....
First Edinburgh
Over the past two weeks talk come to nothing but, in the recent coach and bus Mag there talk about Glasgow, Falkirk etc, ( very little of Aberdeen) Nothing of the rest in article about First Scotland bus operations....
As it stands, Expect the Scottish Border No new buses are being bough, the repaint seems to be all over the place, and it has made £3'000'000 losses for the past financial year,
* Livingston: EVENS
* Musselburgh: 4/9
* Stirling Only 14/5 ( this odd is just lower than 3/1)
* Scottish border: 10/1
* everything Bar Border: 50/1
* WHOLE LOT? 10/1
London Depot
This is the interesting area that could swing it for most of first: There have just lost a number of tenders...
This was postage on omnibus:
" the latest London tender results has seen First take a huge hit in Dagenham, losing out to Stagecoach. The cynic in me may wonder if this was strategic, who knows? It does free up a significant number of vehicles for potential cascade, though...."
How many buses does it free up? especial Deckers which could be shipped of for a proper Refurb just like the 53 plates from last year,
Could first be planing to sell off its London operations completely? No one has ever said this....... It could bring in £60m fast, add in rest of the crap maybe £20m and bingo we reach £100, and it would also help explain what first strategy was: Cut all non core bus business ie Contracts and loss makers. Stagecoach did this back in the early 00. Of course First wanted to keep London for the Olympics and nothing else?
First might also just go for a Depot by Depot sell off...
* Any London Depot - 5/6
* Everything - 11/10
First Somerset
Every other company ( bar one) on the list that was published by PT has all been sold off. Some people have questioned this but I did say this be RED Hearing in the list to confuse
but Yeovil has been highlighted as the wink link? could fit well with A go ahead company near by?
* 13/8 Any of the depots: Why has it been cut? but there still talk of something getting the chop in the southwest....
First Cornwall
.... which could also mean Cornwall, with its 9.3% loses over the past Financial year.
I can't understand why the loses are that big Even after gaining new new council work or did first really undercut? and got its sums so very very wong?
* 13/8 Any of the depots
First Glasgow No2: FiG no2 cover Dumbarton, Cumbernauld, Blntyre, Overtown.
The company made a 7.3% loss, but Dumbarton has been give 40 brand new buses.
Nothing has happened in Cumbernauld, on top of that First tends to do service changes around this time of year and nothing..
With losses like that in SUCH a GOOD bus area what has gone wrong?
* Any Depot BAR Dumbarton to be sold 15/8 - CHANGE
Irish Aircoach Other Details of the current situation read Page 65. Accounts are not good reading, Could first hold tight in a hope Eire will pick up? will there be able to improve the leasing problems?
Or will a buying to found?
* 13/5
First Berkshire
The fleet is not as bad as other place but it heading the same way as Wigan, relying more on older 10 year old darts. New stock is suppose to be appearing which should kill off S & T reg buses, with Dart "52" plate from London could be drafted in to replace older X reg darts. Unless someone else knows anything else?
* 7/2 : Sell Off
First York
Why Has First come back in? well If London fails to be sold off where else in the north could fetch a nice penny?
* 9/2
First X1 Depot
A nice sell off to Go ahead, which does not need CC, its would also take First out of Rural operations. The route busy, makes money.. etc
* 9/2
First Ipswich
Not big depot but after looking at the Fleet list and some of the recent service changes this could be classed as another underdog depot. Alot of P and R reg stock, nothing that stands out as a cash cow bar the park N ride which could be lost. How much will it cost to replace alot of the fleet even with T, X, reg which is also needed else where?
* 5/1
First Aberdeen
Could Aberdeen get sold off to get away from a city with to many problems? Nat Express might be interested its would be close to Dundee...
* 20/1
