First Manchester

[gilesbus1]

RE: First Manchester

(16/01/2020 18:04)johnluke Wrote:  I think if a decision is made on the franchising going forwards then first will keep the depot as it keeps a foot in the door when it comes to the bidding process from which the decision is only a couple of months away

I don't think they will, it would be exactly the opposite, they showed they did not want franchised routes when they walked out of London and sold all the depots there.

I am sure what they want is compensation money if Stagecoach takes action against the Mayor and TfGM, First will be there after there share, after all they need to walk away with something from the cock up of the last 4 years or so where they have done nothing but lose money.

In the longer term opps sold by First might be reunited if GoAhead first of all buy Oldham and then follow it up with a bid for Rotala, who will struggle when there loans for First Ddepots need paying, in the same way First has struggled with the depots it bought from MBO's its fine till the loans need repaying.