Diamond Bus North West

[Mrboo]

RE: Diamond Bus North West

(16/01/2021 01:56)Mayneway Wrote:  I don’t disagree but your use of the word ‘bailout’ is slightly extreme.
Let’s clarify something.
At the start of the pandemic in March we were told to stay at home and not use public transport. Passenger numbers started to drop dramatically and pretty much every operator reduced service levels. Stagecoach Manchester as an example sorn and unlicensed around 65% of its fleet. Some smaller companies suspended all services and mothballed the businesses until better times. Then at end of the first lockdown we were all told to return to work, dine out for less etc etc only bus operators weren’t as keen to increase service levels so the government or more procisley the DFT offered subsidies to operators who ran commercial services at pre-covid frequencies in a bid to get the country moving again.
I’m sure had the money not been offered some smaller companies may have ceased trading but the big boys would simply run at such a reduced level that you keep your head above water. Your unneeded staff are furloughed and you claim grants like every other business for loss of earnings to cover expenditure.
I as plenty of coach operators asking for bailouts but I didn’t see many bus companies.

you can also say what about there insurance for loss of earning.