Sale of Local Authority bus companies

[RSTurbo50]

RE: Sale of Local Authority bus companies

(20/12/2015 12:43)CX54 DKD Wrote:  I'm not suggesting they're making dire losses here but equally, if we 'dare' to say that they're turning a profit (or were at the time), then why the need to take out a substansial loan from the council and increase fares on a not infrequent basis? You've accused other people of skirting over or ignoring points you've made and posted, but you seem to be doing the same in defence of NW.

Surely something a Freedom of Information request should be able to identify given it's public money?

The problem I believe people don't see is that very early in the morning and after 8pm at night the buses are running quite empty. Drivers wages, garage staff, fuel etc etc are all costs to the company during this time. Therefore can we assume as a result of this, they need to generate enough capital during the day to account for the losses made during these 'quiet' periods?

As for taking a loan out to purchase new vehicles, we don't know how much exactly this was and the Warrington Guardian who covered the story don't exactly hold Network Warrington in high regards. Therefore could the article be slightly biased not declaring all of the facts?

People are always happy to spread rumours about the company yet appear to lack real insight into why the company make the decisions they do.