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Post by Deleted on Dec 13, 2010 18:20:51 GMT
The managing director of the small council owned south Wales operator Newport Tranport was suddendly suspended last week. This was followed about a week later with a letter of resignation sent via his solicitor. The council & the bus company remain tight lipped
There are also rumours that an order for 6 Wright bus single deckers is having to be cancelled with Newport Tranport having to pick up the loss from selling them. This may indicate the Newport Bus has cash flow problems it last published account showed a very small operating profit
It could be Newport Bus may have to be put up for sale. It's all rumours and speculation at present as nothing is being said.
Their next set of accounts may throw some light on what has been going on
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Post by vjaska on Dec 13, 2010 23:19:15 GMT
The managing director of the small council owned south Wales operator Newport Tranport was suddendly suspended last week. This was followed about a week later with a letter of resignation sent via his solicitor. The council & the bus company remain tight lipped There are also rumours that an order for 6 Wright bus single deckers is having to be cancelled with Newport Tranport having to pick up the loss from selling them. This may indicate the Newport Bus has cash flow problems it last published account showed a very small operating profit It could be Newport Bus may have to be put up for sale. It's all rumours and speculation at present as nothing is being said. Their next set of accounts may throw some light on what has been going on The 6 Wright Meridans were supposed to be sitting in their yard but neither MAN nor Newport Transport confirmed this. Seems a very poorly run and shady business. |
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Post by Deleted on Dec 14, 2010 0:12:46 GMT
The managing director of the small council owned south Wales operator Newport Tranport was suddendly suspended last week. This was followed about a week later with a letter of resignation sent via his solicitor. The council & the bus company remain tight lipped There are also rumours that an order for 6 Wright bus single deckers is having to be cancelled with Newport Tranport having to pick up the loss from selling them. This may indicate the Newport Bus has cash flow problems it last published account showed a very small operating profit It could be Newport Bus may have to be put up for sale. It's all rumours and speculation at present as nothing is being said. Their next set of accounts may throw some light on what has been going on Come on Bob, you can not go publishing unsubstantiated rumours and speculation on here on this site without someone CHALLENGING your post |
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Post by zebedee104 on Dec 14, 2010 15:55:34 GMT
omnibuses.blogspot.com/2010/12/newport-city-trauma.htmlHow's that for starters? Yes it's from a blog, but it's good enough for me. The MANs lying around somewhere has been a very tight-lipped urban mystery for a while, that was the first thing I'd seen which shed some light on it.
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Post by Deleted on Dec 15, 2010 7:00:37 GMT
The managing director of the small council owned south Wales operator Newport Tranport was suddendly suspended last week. This was followed about a week later with a letter of resignation sent via his solicitor. The council & the bus company remain tight lipped There are also rumors that an order for 6 Wright bus single deckers is having to be cancelled with Newport Tranport having to pick up the loss from selling them. This may indicate the Newport Bus has cash flow problems it last published account showed a very small operating profit It could be Newport Bus may have to be put up for sale. It's all rumors and speculation at present as nothing is being said. Their next set of accounts may throw some light on what has been going on Come on Bob, you can not go publishing unsubstantiated rumors and speculation on here on this site without someone CHALLENGING your post The bus purchase bit is a rumor but it is a fact that the MD was suspended on the spot and that he has since resigned. You dint suspended someone on the spot for minor things as you would have to go through a disciplinary process first |
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