First Group Disposals

[arrifirststage]

RE: First Group Disposals

(02/07/2012 15:30)mbonwick Wrote:  As suggested by the Admins, here's a new thread to discuss the sell-off by First Group

The current tranche of offerings comprises; (so yes, there is more to be announced)

Wigan (116 buses)
Birkenhead (64 buses)
Chester (66 buses)
Kidderminster (20 buses)
Redditch (31 buses)
Northampton (35 buses)
Somerset – as yet unspecified (163 buses)

Going from previous sales (Northumberland Park and North Devon), the sales have rased £95-110k per bus.

Let's all please try to keep this thread sensible and avoid speculation.

I would be amazed if this amount per bus were to be generated at either Kidderminster or Redditch.
It would be easier for the incumbent operators (East Yorkshire and Rotala respectively) to just register First routes and see if First have the stomach for a bus war,,,,,,,,,,probably they would not,and would yield ground much more cheaply.