First Manchester
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RE: First Manchester
I don't think these rumours make any sense at all. Why would First invest heavily into Oldham, Bolton and Queens Rd if they were for sale? (Bury recieved some second hand deckers, but still has a highly modern fleet with no darts at all). Not to mention the re-branding efforts. So far First has sold off depots that have had old fleets, are town/rural networks, had recieved little re-branding, and faces a lot of competition. I can Eastern Scotland, Devon and Cornwall, Somerset, parts of South Wales being flogged off. Of course the badly performing units are worth little value, so it appears that First are selling off the less signifcant parts of a profitable business subsidiary(like Wigan) rather than selling off large chunks of it (such as getting rid of large chunks like Bolton and Bury). |
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