First Group: General Discussion

[volvob12]

The other day, someone mentioned rumoured B9s arriving at Worcester from Sheffield. Looks like their post has been deleted?

Anyway the two B9s in question are 36241/2 with B7s 32066/7 moving to The Potteries.

 

[Andyh82]

It’d be a good idea if Halifax and Huddersfield could get a new management team focussed on this area as it’s clear the First West Yorks team doesn’t look beyond Leeds.

With Transdev now on the scene you’d think they might want to up their game a bit, or are they going to just sleep walk into losing market share like old school First have done in other areas before.

A strong local image would help, but rather than doing that, they’ve just finished repainting most stuff back into Olympia. In fact besides here and Bradford, does any other opco still use plain Olympia as their main livery?

Actually the remaining part of First Greater Manchester does as well, but that’s understandable.

 

[Nammer]

It’d be a good idea if Halifax and Huddersfield could get a new management team focussed on this area as it’s clear the First West Yorks team doesn’t look beyond Leeds.

With Transdev now on the scene you’d think they might want to up their game a bit, or are they going to just sleep walk into losing market share like old school First have done in other areas before.

A strong local image would help, but rather than doing that, they’ve just finished repainting most stuff back into Olympia. In fact besides here and Bradford, does any other opco still use plain Olympia as their main livery?

Actually the remaining part of First Greater Manchester does as well, but that’s understandable.

First Hampshire - Hilsea and Hoeford depots are still repainting vehicles in Olympia livery. Although there is a new local 'Solent' logo it does not appear as on the sides of the vehicles, only the website!

 

[cnjb8]

First Hampshire - Hilsea and Hoeford depots are still repainting vehicles in Olympia livery. Although there is a new local 'Solent' logo it does not appear as on the sides of the vehicles, only the website!

Which vehicles? With Berkshire and Wessex getting new brands too, that would make no sense.

 

[Nammer]

The most recent examples are Streetlite Max 63046/7 repainted out of former 'Star' livery to Olympia, Streetlite 47425 from CityRed to Olympia.

 

[cnjb8]

The most recent examples are Streetlite Max 63046/7 repainted out of former 'Star' livery to Olympia, Streetlite 47425 from CityRed to Olympia.

Ah, thank you

 

[TheGrandWazoo]

I do think that the present Chelmsford City network is a bit of a mess and is operated mainly by elderly Darts and B7RLEs.
It really could do with a fresh sheer of paper approach and have a new network designed from scratch..
Maybe do it in conjunction with a new fleet of brand new buses in the new green First Essex livery, not route branded, but with a Chelmsford branding.

We've discussed First Essex at some length. The route networks in Chelmsford and around Basildon are really quite complicated; you'd think that the new management are looking at these and coming up a simplified network. Mind you, with the wind down of Covid support and ridership still depressed, they'll be looking at how they get economies whilst protecting as much as possible (as is every other firm, TBH). FWIW, I always thought they should have a FEx livery but also local schemes for Colchester and Chelmsford, plus the odd key route that can be developed to have its own brand.

As for the fleet, I'd be surprised if they'll have any new vehicles. With the financial backdrop generally, and for FEx in particular, any new vehicle investment will be directed where they can get the best bang for the buck. If, repeat if, they have lost the Chelmsford P&R, there are 9 newish vehicles to be reployed, and perhaps some mid life e200/e300 can be cascaded from within the group in to replace the elderly Darts and Eclipses? Don't think you'll see anything better than that, I'm afraid.

== Doublepost prevention - post automatically merged: 1 Sep 2021 ==

It’d be a good idea if Halifax and Huddersfield could get a new management team focussed on this area as it’s clear the First West Yorks team doesn’t look beyond Leeds.

With Transdev now on the scene you’d think they might want to up their game a bit, or are they going to just sleep walk into losing market share like old school First have done in other areas before.

A strong local image would help, but rather than doing that, they’ve just finished repainting most stuff back into Olympia. In fact besides here and Bradford, does any other opco still use plain Olympia as their main livery?

Actually the remaining part of First Greater Manchester does as well, but that’s understandable.

It does seem that they have lost whatever impetus they did have. They are certainly competent but not much more than that, and the marketing aspect seems to totally elude them.

 

[Volvodart]

Sale of Greyhound Lines, Inc.​

https://otp.tools.investis.com/generic/regulatory-story.aspx?newsid=1519026&cid=858

Released : 21.10.2021​

FIRSTGROUP PLC

SALE OF GREYHOUND LINES, INC.
FirstGroup plc ('FirstGroup' or the 'Group') announces the sale of Greyhound Lines, Inc. to a wholly-owned subsidiary of FlixMobility GmbH ('FlixMobility') (the 'Transaction'), completing its stated strategy to focus on its leading UK public transport businesses.

• The Transaction results in cash consideration to the Group of $172m, comprising $140m paid initially, with $32m in unconditional deferred consideration paid in instalments over eighteen months
• Greyhound properties with an estimated net market value of c.$176m will be retained by FirstGroup; they will initially be leased back to Greyhound at market rates but are expected to be sold over the next three to five years
• FirstGroup also retains certain legacy Greyhound net liabilities, including pension, self-insurance, and finance leases settled at closing, which in total were valued at $320m as at 27 March 2021, as well as grant receivables, buyout premia and other items estimated at a net cost of c.$47m, against which the Group had retained $197m of proceeds from the sale of First Student and First Transit earlier in the year
• The $140m of Greyhound initial cash proceeds will be retained by the Group to support the close-out of these legacy liabilities and related net costs, with the balance of the property proceeds and deferred consideration resulting in c.$178m (c.£128m) in net value for the Group being realised over time
• The Transaction is not subject to any closing conditions and will complete today

Commenting, David Martin, FirstGroup Executive Chairman said:

"Greyhound is an iconic business which has been at the heart of North American life for more than a century, through its unique national network which connects communities across the continent. We are proud of the significant developments we made to Greyhound’s business model during FirstGroup's ownership, including the introduction of express point-to-point routes, real-time pricing and yield management and a transformed customer offering and experience.
"This transaction realises an appropriate value for Greyhound's operations and ensures Greyhound’s legacy liabilities are suitably managed. Today’s agreement regarding Greyhound’s future completes the Group’s portfolio rationalisation strategy which has refocused FirstGroup on its leading UK public transport businesses with a strong platform to create sustainable value going forward.
"I want to thank the management and employees of Greyhound, who have remained steadfastly dedicated to providing the best possible service for their customers despite the challenges of the pandemic. I am confident their commitment to high standards of service for customers will be sustained and the business will continue to strengthen and develop in future under its new ownership."
Jochen Engert, Founder and Chief Executive Officer of FlixMobility, said:

"The continuous expansion of our network through partnerships and acquisitions has always been an integral part of our growth strategy to build our global presence. The acquisition of Greyhound is a major step forward and strengthens FlixBus´ leading position in the US. The FlixBus and Greyhound teams share a common vision to make smart, affordable and sustainable mobility accessible to all."
Background to and reasons for the Transaction

FirstGroup has previously set out its objective to rationalise the Group’s portfolio of businesses in light of the limited synergies between its UK and North American divisions, and today's Transaction follows the sale of the Group's other North American businesses, First Student and First Transit, to EQT Infrastructure in July 2021. The Transaction provides clarity for Greyhound’s customers, employees and stakeholders and we believe that its new owners are well placed to support the continued development of Greyhound going forward.
Effects on FirstGroup

In the near term, FirstGroup intends to use the initial cash proceeds of the Transaction together with the remaining cash set aside from the sale of First Student and First Transit to accelerate the de-risking of the Greyhound self-insurance liabilities and settle the finance leases, with discharge of the remaining pension liabilities to follow in due course. The $32m in deferred unconditional consideration, property value of $176m and CARES/ARP grant collections are expected to be realised over time, resulting in c.$178m (c.£128m) in net value for the Group, which may be considered for potential supplementary returns to shareholders or for other opportunities in future.
The Group expects to record a gain on disposal in the current year accounts as a result of today's Transaction, with further profits on sales of the property portfolio to be realised in future.
Following today's announcement and with certain First Bus capital expenditure payments now falling after the period end and better than expected working capital flows, the Group estimates that adjusted net debt1 at the end of the current financial year will be c.£80-90m lower than previously expected, in the range of £10-20m.
Trading in the Group's continuing businesses year to date has been in line and there is no change to management's expectations for the current financial year as outlined in the full year results announcement on 27 July 2021. FirstGroup intends to publish results for the first half of the financial year on Thursday 9 December 2021.
Information regarding Greyhound

Greyhound is the only nationwide operator of scheduled intercity coach services across the United States, as well as operations into Canada and Mexico. Its iconic brand has been a mainstay of the North American transportation landscape for more than a hundred years. Greyhound’s fleet of 1,300 vehicles and 2,400 employees provide services connecting 1,750 destinations across North America. For the 52 weeks to 27 March 2021, Greyhound Lines, Inc. reported revenue of $422.6m (£323.0m), EBITDA of $37.4m (£27.3m) and an adjusted operating profit of $1.8m (£1.3m)2. The gross assets the subject of the Transaction as at 27 March 2021 were $193.8m (£141.5m).
Information regarding FlixMobility

FlixMobility is mobility provider, offering new alternatives for convenient, affordable and environmentally friendly travel via the FlixBus and FlixTrain brands. With a unique approach and innovative technology, the company has quickly established Europe's largest long-distance bus network and launched the first green long-distance trains in 2018 as well as a pilot project for all-electric buses in Germany, the US and France. Since 2013, FlixMobility has changed the way hundreds of millions of people have travelled throughout Europe and created tens of thousands of new jobs in the mobility industry. In 2018, FlixMobility launched FlixBus USA to bring this new travel alternative to the United States.
Further Transaction details
Greyhound assets and liabilities inside the Transaction perimeter

FirstGroup has reached agreement with Neptune Holding Inc. (the 'Buyer'), a corporation 100% controlled by FlixMobility, to sell Greyhound Lines, Inc., the US Greyhound operating business (including its vehicle fleet, trademarks, and certain other assets and liabilities) for an enterprise value on a debt-free / cash-free basis of c.$46m plus unconditional deferred consideration of $32m with an interest rate of 5% per annum. A further $1.5m may also become payable contingent on specific agreement of a particular property lease.
Greyhound has now received both tranches of cash grants under the US Department of the Treasury’s Coronavirus Economic Relief for Transportation Services ('CERTS') scheme, totalling $108m, or c.$7m higher than initially anticipated, which will be retained by Greyhound Lines Inc. and spent on its operations in accordance with the terms of the grant. Recognising its resulting cash balance and c.$14m in debt and debt-like items being assumed by the Buyer, the cash proceeds received by the Group from the Buyer at closing as a result of the Transaction is $140m, with the $32m in unconditional deferred consideration (to be received in regular instalments from the Buyer over the next 18 months or sooner) resulting in consideration payable of $172m.
Greyhound property assets and legacy liabilities outside the Transaction perimeter

Greyhound-related property holdings in the US (the 'Retained Properties') with an aggregate estimated net market value of c.$176m are not part of the Transaction with the Buyer and will be retained by FirstGroup. The Buyer has entered into lease agreements to use the Retained Properties as part of Greyhound’s future operations at market rental levels. The majority of these are subject to a three-year lease term, with the remainder subject to a six-month initial term followed by six-month rolling terms. FirstGroup intends to monetise all of the Retained Properties over time to further optimise net proceeds.
As previously indicated, Greyhound also remains eligible to receive further funding awards from other US federal schemes such as the CARES Act and the American Rescue Plan ('ARP'), and, to the extent that further recoveries are made under these schemes which relate to losses incurred while Greyhound was under the Group's ownership during the pandemic, the Buyer will pay equivalent amounts to FirstGroup.
In addition to the Retained Properties, FirstGroup will also retain certain other Greyhound liabilities, including Greyhound’s self-insurance reserve liabilities up to the date of closing (valued at $151m as at 27 March 2021), the Greyhound defined benefit pensions schemes (valued at $144m as at 27 March 2021), finance leases (valued at $25m as at 27 March 2021 that have been settled on closing) and certain environmental and other liabilities and costs. Greyhound is currently in the process of completing the closure of its activities in Canada and these do not form part of the Transaction; as such the Group retains all the assets and liabilities relating to this business (including its defined benefit pension scheme, legacy insurance liabilities and real estate). As noted at the full year results, $197m of the First Student and First Transit sale proceeds was set aside to de-risk these liabilities, and since then the Group has made an initial payment of c.$102m into the Greyhound pension schemes in the US and Canada to begin that process.
FirstGroup has a strong track record of actively managing Greyhound’s property holdings for value, such as the sale of three Greyhound properties for gross proceeds of $137m and a profit on sale of c.$100m announced in December 2020. FirstGroup has realised aggregate proceeds of Greyhound-related property of $400m over the last 10 years through 30 property transactions of $1m or more in value.
Contacts at FirstGroup:

Faisal Tabbah, Head of Investor Relations

Stuart Butchers, Group Head of Communications

Tel: +44 (0) 20 7725 3354
corporate.comms@firstgroup.co.uk
Contacts at Brunswick PR:

Andrew Porter / Simone Selzer, Tel: +44 (0) 20 7404 5959
Contacts at Goldman Sachs International:

Sole Financial Advisor and Joint Corporate Broker

Eduard van Wyk and Bertie Whitehead, Tel: +44 (0) 20 7774 1000
Further notes

	$m​
Enterprise value of Greyhound Lines, Inc., on debt- and cash-free basis payable at closing	46​
Unconditional deferred consideration for Greyhound Lines, Inc. payable over 18 months	32​
Enterprise value of Greyhound Lines, Inc. on debt- and cash-free basis3	78​
	​
Estimated net position to be realised over time:	​
Enterprise value of Greyhound Lines, Inc., on debt- and cash-free basis payable at closing (from above)	46​
Cash on Greyhound Lines. Inc. balance sheet	108​
Debt and debt-like items on balance sheet transferred to Buyer	(14)​
Net cash proceeds payable at closing for Greyhound Lines, Inc.	140​
	​
Unconditional deferred consideration for Greyhound Lines, Inc. payable over 18 months (from above)	32​
Net cash proceeds payable for Greyhound Lines, Inc.3	172​
Estimated market value of Retained Properties, to be realised over three-to-five years	176​
Cash proceeds plus estimated realisable market value of Retained Properties3	348​
	​
Total net legacy liabilities initially retained as at 27 March 2021:	​
- Self-insurance provision	(151)​	​
- Pension deficit	(144)​	​
- Finance leases settled at closing	(25)​	​
- Other estimated net liabilities (CARES/ARP receivables, Canada, buyout premia/deal costs, environmental, etc)	(47)​	​
- Proceeds from sale of First Student and First Transit set aside to manage Greyhound liabilities	197​	​
Estimated net cost to discharge retained net liabilities	(170)​
	​
Estimated net position to be realised over time, following property sales, discharge of legacy liabilities3 etc	178​

1 'Adjusted net debt' excludes First Rail ring-fenced cash and IFRS 16 lease liabilities from net debt, as defined in the FY21 results.
2 ‘Adjusted operating profit' is stated before gain on disposal of properties, strategy costs, self-insurance provision charge and certain other items. 'EBITDA' is earnings before interest, tax, depreciation and amortisation, calculated as adjusted operating profit less capital grant amortisation plus depreciation.
3 Excludes a further $1.5m in consideration which may become payable contingent on specific agreement of a particular property lease.
All '$' or 'USD' amounts are United States dollars.
Goldman Sachs International is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Goldman Sachs International is acting exclusively for FirstGroup and no one else in connection with the Transaction and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to the Transaction and will not be responsible to anyone other than FirstGroup for providing the protections afforded to Goldman Sachs International's clients nor for giving advice in relation to the Transaction or any other arrangement referred to in this announcement.
FirstGroup plc (LSE: FGP.L) is a leading private sector provider of public transport services. With £4.3 billion in revenue and around 30,000 employees, our UK divisions transported nearly 700,000 passengers a day in the 52 weeks to 27 March 2021. First Bus is the second largest regional bus operator in the UK, serving two-thirds of the UK’s 15 largest conurbations with a fleet of c.5,000 buses. First Rail is the UK’s largest rail operator, with many years of experience running long-distance, commuter, regional and sleeper rail services. We operate a fleet of c.3,750 rail vehicles on four contracted operations (Avanti, GWR, SWR, TPE) and two open access routes (Hull Trains and Lumo, our new East Coast service launching later in 2021). We create solutions that reduce complexity, making travel smoother and life easier. Our businesses are at the heart of our communities and the essential services we provide are critical to delivering wider economic, social and environmental goals. We are formally committed to operating a zero-emission First Bus fleet by 2035 and to cease purchasing further diesel buses after 2022; and First Rail will help support the UK Government’s goal to remove all diesel-only trains from service by 2040. Visit our website at www.firstgroupplc.com and follow us @firstgroupplc on Twitter.
Legal Entity Identifier (LEI): 549300DEJZCPWA4HKM93. Classification as per DTR 6 Annex 1R: 2.2. This announcement contains inside information. The person responsible for arranging the release of this announcement on behalf of FirstGroup is David Isenegger, Group General Counsel and Company Secretary.

 

[TheGrandWazoo]

Sale of Greyhound Lines, Inc.​

https://otp.tools.investis.com/generic/regulatory-story.aspx?newsid=1519026&cid=858

The end of an error. If only Moir had flogged this to Stagecoach as was mooted at the time of an alleged approach

 

[winston270twm]

The end of an error. If only Moir had flogged this to Stagecoach as was mooted at the time of an alleged approach

Indeed.... weren't Stagecoach rumored to have offered circa £700 million back in the day ?

Surprise, surprise it's Flixbus buying Greyhound too.

 

[67thave]

Sale of Greyhound Lines, Inc.​

https://otp.tools.investis.com/generic/regulatory-story.aspx?newsid=1519026&cid=858

Flixbus is really going all-in. With this purchase, they've just become (by far) the largest intercity bus company in the United States.
However, this also represents a huge shift from their traditional model of operating via contractors. Since they're buying the actual operations of Greyhound, they're going to be running everything in-house (at least for now), and Flixbus isn't exactly used to this. They're about to learn the hard way why Greyhound really struggled for the past few decades.
On another note, the Greyhound brand is dead. RIP to one of the most famous names in transportation in American history.

 

[winston270twm]

Flixbus is really going all-in. With this purchase, they've just become (by far) the largest intercity bus company in the United States.
However, this also represents a huge shift from their traditional model of operating via contractors. Since they're buying the actual operations of Greyhound, they're going to be running everything in-house (at least for now), and Flixbus isn't exactly used to this. They're about to learn the hard way why Greyhound really struggled for the past few decades.
On another note, the Greyhound brand is dead. RIP to one of the most famous names in transportation in American history.

Flixbus also said late 2019 that they weren't interested in buying Greyhound.

FlixBus Signals It’s Not Interested in Buying Rival Greyhound Ugur Yilmaz 07:42 PM IST, 07 Nov 2019 11:22 AM IST, 08 Nov 2019 Save (Bloomberg) --

German bus startup FlixBus signaled it’s not interested in buying U.S. rival Greyhound, saying it will focus on expanding in the U.S. without big deals. Co-founder and Chief Executive Officer Andre Schwammlein said Greyhound doesn’t offer the same
benefits to FlixBus as Turkey’s Kamil Koc, which the company announced it was buying in August. Kamil Koc “has a strong brand and network, very good team and it also fits very well into FlixBus’s philosophy in terms of developing business,” Schwammlein said Wednesday in an interview on the sidelines of the Brand Week conference in Istanbul. “If I look at the U.S., I don’t see the same fit with Greyhound.”

Read more at: https://www.bloombergquint.com/markets/flixbus-signals-it-s-not-interested-in-buying-rival-greyhound
Copyright © BloombergQuint

 

[bussnapperwm]

Maybe the price was just right this time around

 

[DD12]

So, I assume that First has now covered all it's liabilities and debts (?) -

Does this leave their UK bus companies in a strong position to go forwards and take advantage of the "all new bus scene" ??

- or do they still have any bus or train operations in the UK that need disposing of ??

Thanks for any replies.

 

[Robertj21a]

So, I assume that First has now covered all it's liabilities and debts (?) -

Does this leave their UK bus companies in a strong position to go forwards and take advantage of the "all new bus scene" ??

- or do they still have any bus or train operations in the UK that need disposing of ??

Thanks for any replies.

I think some have always been a bit borderline, financially. They might need a bit of a kick to get a bit of motivation working.

 

[darylyates17]

So, I assume that First has now covered all it's liabilities and debts (?) -

Does this leave their UK bus companies in a strong position to go forwards and take advantage of the "all new bus scene" ??

- or do they still have any bus or train operations in the UK that need disposing of ??

Thanks for any replies.

I still personally think Oldham will be sold off in time depending on what First think of franchising in Greater Manchester, I find it strange for them to keep it after selling off Queens Road & Bolton.

 

[Goldfish62]

I still personally think Oldham will be sold off in time depending on what First think of franchising in Greater Manchester, I find it strange for them to keep it after selling off Queens Road & Bolton.

Is it perhaps because no-one wanted to buy it?

 

[baza585]

I still personally think Oldham will be sold off in time depending on what First think of franchising in Greater Manchester, I find it strange for them to keep it after selling off Queens Road & Bolton.

My suspicion is that First will keep Oldham until they see how TfGM franchising develops. Unless someone offers silly money in the meantime....

 

[carlberry]

I still personally think Oldham will be sold off in time depending on what First think of franchising in Greater Manchester, I find it strange for them to keep it after selling off Queens Road & Bolton.

As soon as the Manchester plan was published with the threat of compulsory purchase of depots it suddenly became nearly worthless both to First and to anybody else.

 

[Goldfish62]

As soon as the Manchester plan was published with the threat of compulsory purchase of depots it suddenly became nearly worthless both to First and to anybody else.

Exactly.

 

[Baxenden Bank]

As soon as the Manchester plan was published with the threat of compulsory purchase of depots it suddenly became nearly worthless both to First and to anybody else.

Exactly.

Compulsory Purchase normally calculates the value of a business and therefore the compensation to be paid based on a 'no scheme basis'. That is, the value of the premises (or business) if the public sector hadn't come along with their proposal. So the depot premises ought to be valued at their commercial value - to another bus company, or a haulage operator, or some other user. Whether you can try for a redevelopment use value rather than current use value is another issue, for example sale of the land to a supermarket. Can't have the public body buying land at a low value then flipping it a few months later selling at a higher retail / residential value and trousering the rise in value. Similarly the bus business itself ought to be compensated at it's commercial value assuming franchising was not taking place. All pretty standard stuff for the District Valuer as part of highway schemes or slum clearance.

Having said that, I haven't looked at the franchising plan and more importantly the underlying legislation / regulations but I can't imagine the fundamental right to be properly compensated has been removed.

 

[carlberry]

Compulsory Purchase normally calculates the value of a business and therefore the compensation to be paid based on a 'no scheme basis'. That is, the value of the premises (or business) if the public sector hadn't come along with their proposal. So the depot premises ought to be valued at their commercial value - to another bus company, or a haulage operator, or some other user. Whether you can try for a redevelopment use value rather than current use value is another issue, for example sale of the land to a supermarket. Can't have the public body buying land at a low value then flipping it a few months later selling at a higher retail / residential value and trousering the rise in value. Similarly the bus business itself ought to be compensated at it's commercial value assuming franchising was not taking place. All pretty standard stuff for the District Valuer as part of highway schemes or slum clearance.

Having said that, I haven't looked at the franchising plan and more importantly the underlying legislation / regulations but I can't imagine the fundamental right to be properly compensated has been removed.

The issue wasn't that somebody wouldn't be compensated for the value of the depot, it was that was now all that the business was really worth (plus the residual value of the vehicles which is likely to be identical to what would be paid for the vehicles anyway).
Before that plan was published it's quite possible that people may have been looking to purchase either depots or bus businesses in the Manchester area because they'd provide a base they can use to make a bid post franchising (it would be pure speculation as to what the intentions of the previous purchasers of First's depots in Manchester were).
After that plan was published it would be clear that having an existing base gave you no advantage whatsoever for bidding, and buying an existing business just gave you a TUPE liability.

 

[TheGrandWazoo]

I still personally think Oldham will be sold off in time depending on what First think of franchising in Greater Manchester, I find it strange for them to keep it after selling off Queens Road & Bolton.

Is it perhaps because no-one wanted to buy it?

They had a purchaser lined up but, for reasons not known, they walked away. It was progressing at the same time of the other two sales.

Then the proposals were laid bare for franchising and that's kyboshed further interest.

 

[Simon75]

Around 10 enviro 200 mmc buses are due for transfer from Olive Grove to Adderley Green

(From a First buses facebook group

 

[Robertj21a]

Around 10 enviro 200 mmc buses are due for transfer from Olive Grove to Adderley Green

(From a First buses facebook group

Same MD moving his buses around.

 

[TheGrandWazoo]

Same MD moving his buses around.

Indeed, though there appears to be some central thinking about the removal of Solars from service (for some reason). Are there service reductions enabling this cascade?

 

[Robertj21a]

Indeed, though there appears to be some central thinking about the removal of Solars from service (for some reason). Are there service reductions enabling this cascade?

I think most areas have seen pvr reductions, some not immediately obvious. Are Solars fairly heavy fuel guzzlers?

 

[GusB]

The last few posts appear to be concerning a specific operating company - could someone advise which please?

 

[Robertj21a]

The last few posts appear to be concerning a specific operating company - could someone advise which please?

First Yorkshire (Sheffield) to First Potteries.

 

[darylyates17]

The last few posts appear to be concerning a specific operating company - could someone advise which please?

First Potteries (Stoke on Trent)