Warrington's Own Buses

[gilesbus1]

RE: Warrington's Own Buses

(09/04/2019 23:52)TheShire Wrote:  A while ago the company was on its knees and now its moving on up there with the best such as Trent Barton which is a good bus company.

Not sure about this, its really another set of managers who have a fresh vision for the company, rather than just to spring it along, financial figures would say how well it was actually doing, and whether it was paying Warrington Unitary Authority a healthy dividend so council taxes could be reduced would be the clear indicator with this.

So far there has only been one investment in new fleet, which isn't that encouraging although if further stuff is on order I will happily give them the benefit of the doubt, I think really its a journey to expand and also make asset value by selling off a valuable town centre location for other usage and moving to a bigger site which will allow them to expand in the future over the mid term as opportunities appear.

The intrusion into Halton is probably about protecting their market share against intrusion into Warrington by any future player who may buy Halton Transport, I would very much doubt the buyer would be Warrington as councillors possibly will not want to spend money out of the authority area. Halton being adjacent is a problem for Warrington potentially because if a large group buys Halton they will wish to expand and would see Warrington as a weaker player they might be able to remove, as for Stagecoach it might be tempting to link the Wigan network with the Halton network across Warrington, and for GoAhead it might be temting to link the Halton network with the Manchester network across Warrington, and so it goes on. So Warrington's struck first in order to reduce the threat of a major player arriving in Warrington, and indeed if they and Arriva for that matter can make Halton unattractive for any potential incomer they might be in a position to buy it for a cheaper price as its net book value would be reduced.