Stagecoach Manchester

[MX12EOC]

RE: Stagecoach Manchester

(17/02/2013 20:32)Polo Mint Wrote:  I am not disputing your rumours, but just because Stagecoach have placed an offer doesn't mean it will get accepted. First would be foolishly to sell Greater Manchester whilst keeping The Devon and Cornwall division that has near a (10%) net profit margin.

Don't get me wrong I hope it does, Stagecoach grows services and doesn't cut them very often and have a more modern fleet.

The implications could be good in terms of cross-city routes, like re-jugging Salford services and contuning some 192 journeys to Salford for example, or expanding some more traditional First services to Didsbury for better access to the Universities. Or perhaps combining/extending some routes from Ashton to the Trafford Centre.

I understand where you're coming from with this, but I personally would like this rumour to be true, also as First Group need £100m to get itself out of debt (?) why was this published on their website
'FirstGroup, the UK’s leading bus and rail operator, today revealed that its bus division has ordered 464 new vehicles worth £76m for delivery in the 2013/14 financial year. This order will bring First’s investment in new buses to around £240m in three years.'? Makes no sense to me... :p