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HCT Group
Aug 15, 2022 19:01:43 GMT
via mobile
Post by ronnie on Aug 15, 2022 19:01:43 GMT
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Post by joefrombow on Aug 15, 2022 19:12:08 GMT
Be very sad if they do go under one of the only remaining "independent" companies left in London and a social enterprise at that. So will be very sad , but the way things are doesn't suprise me at all , more companies outside London will go under aswell if costs keep rising and if this recession comes which is predicted very sad indeed , As for the 812 surprised it's still going nowadays do Islington not have their own council minibuses like other councils ? Surely they could come up with some agreement and keep it running if it is well used .
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Post by WH241 on Aug 15, 2022 19:13:04 GMT
Reading posts elsewhere it seems the UK businesses are up for sale but no buyers confirmed yet? Guessing Stagecoach would of course be interested. I wonder in the enthusiast community has jumped the gun?
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Post by DT 11 on Aug 15, 2022 19:42:42 GMT
If true, not at all a surprise. Their said to have been struggling for a while after some accounting issues a couple years back. I had wondered how far behind Yorkshire the London operations would be. Interesting times with the sheer consolidation taking place in the TfL bus market lately. Raises a couple questions. What happens to Walthamstow - surely they'd sell the two together. I'd also add that the guy who posted that on Facebook is normally very on the ball. I know it’s not confirmed 100% yet but “if” Stagecoach have taken over HK could they possibly move the routes into LI? Would they really need another garage in east London? AE is owned by TFL so if they did not want to retain the site it is possible.
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Post by ThinLizzy on Aug 15, 2022 19:50:45 GMT
Reading posts elsewhere it seems the UK businesses are up for sale but no buyers confirmed yet? Guessing Stagecoach would of course be interested. I wonder in the enthusiast community has jumped the gun? there is a post on Facebook saying Stagecoach have bought it. However, it does appear to be "I've heard on the grapevine" and 'I have it on good authority that..." posts.... Generally I find people who have 'heard on the grapevine" haven't and those who have it "on good authority" don't but we'll see
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HCT Group
Aug 15, 2022 21:45:23 GMT
via mobile
Post by ADH45258 on Aug 15, 2022 21:45:23 GMT
If true, not at all a surprise. Their said to have been struggling for a while after some accounting issues a couple years back. I had wondered how far behind Yorkshire the London operations would be. Interesting times with the sheer consolidation taking place in the TfL bus market lately. Raises a couple questions. What happens to Walthamstow - surely they'd sell the two together. I'd also add that the guy who posted that on Facebook is normally very on the ball. I know it’s not confirmed 100% yet but “if” Stagecoach have taken over HK could they possibly move the routes into LI? Would they really need another garage in east London? Don't know how true/likely any of this is, but I could potentially see the whole of Ash Grove garage closing. Its location will be in demand for redevelopment, and Arriva have a lot of spare capacity in the area, particularly as SF is due to be reopened eventually. I also wonder if this could be related to why the W5 is moving to AW?
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Post by vjaska on Aug 15, 2022 22:26:57 GMT
Reading posts elsewhere it seems the UK businesses are up for sale but no buyers confirmed yet? Guessing Stagecoach would of course be interested. I wonder in the enthusiast community has jumped the gun? there is a post on Facebook saying Stagecoach have bought it. However, it does appear to be "I've heard on the grapevine" and 'I have it on good authority that..." posts.... Generally I find people who have 'heard on the grapevine" haven't and those who have it "on good authority" don't but we'll see From reading posts on their, it seems all that's been confirmed thus far is HCT is up for sale.
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Post by WH241 on Aug 16, 2022 8:48:07 GMT
I wonder just how attractive HTC HK operations would be to any potential buyer? Routes 26,309 and W13(?) are on two year extensions and could potentially be lost. The D6 is four years into a contract and the W5 has just been retained.
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Post by DT 11 on Aug 16, 2022 9:09:13 GMT
I wonder just how attractive HTC HK operations would be to any potential buyer? Routes 26,309 and W13(?) are on two year extensions and could potentially be lost. The D6 is four years into a contract and the W5 has just been retained. Could spark some interest in the 254 which is currently up for tender.
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HCT Group
Aug 16, 2022 9:14:10 GMT
via mobile
Post by southlondon413 on Aug 16, 2022 9:14:10 GMT
I wonder just how attractive HTC HK operations would be to any potential buyer? Routes 26,309 and W13(?) are on two year extensions and could potentially be lost. The D6 is four years into a contract and the W5 has just been retained. Could be a cut price deal if acquired. No land to acquire, only a lease to part of HK. Routes towards the end of their contracts. Two potential tricky and difficult to manage route extensions on the cards. Could a very cheap takeover.
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Post by titan1mike on Aug 16, 2022 9:47:04 GMT
I wonder just how attractive HTC HK operations would be to any potential buyer? Routes 26,309 and W13(?) are on two year extensions and could potentially be lost. The D6 is four years into a contract and the W5 has just been retained. Could spark some interest in the 254 which is currently up for tender. The 254's contract expires in June 2024.
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HCT Group
Aug 16, 2022 9:47:57 GMT
via mobile
Post by ADH45258 on Aug 16, 2022 9:47:57 GMT
I wonder just how attractive HTC HK operations would be to any potential buyer? Routes 26,309 and W13(?) are on two year extensions and could potentially be lost. The D6 is four years into a contract and the W5 has just been retained. The W5 has already been confirmed to be moving to AW, so this wouldn't be included if it's just HK being sold. This decision may just be because AW already has chargers for the 616. Or maybe HCT are novating HK routes without the garage, and it's less viable to run the W5 from LI?
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Post by WH241 on Aug 16, 2022 9:59:35 GMT
I wonder just how attractive HTC HK operations would be to any potential buyer? Routes 26,309 and W13(?) are on two year extensions and could potentially be lost. The D6 is four years into a contract and the W5 has just been retained. The W5 has already been confirmed to be moving to AW, so this wouldn't be included if it's just HK being sold. This decision may just be because AW already has chargers for the 616. Or maybe HCT are novating HK routes without the garage, and it's less viable to run the W5 from LI? Remember nothing is confirmed! There is nothing solid to say Stagecoach are buying the operators! For all we know Arriva could take on the routes from HK until the end of the contracts for example! You never know!
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HCT Group
Aug 16, 2022 11:12:56 GMT
via mobile
Post by joefrombow on Aug 16, 2022 11:12:56 GMT
The W5 has already been confirmed to be moving to AW, so this wouldn't be included if it's just HK being sold. This decision may just be because AW already has chargers for the 616. Or maybe HCT are novating HK routes without the garage, and it's less viable to run the W5 from LI? Remember nothing is confirmed! There is nothing solid to say Stagecoach are buying the operators! For all we know Arriva could take on the routes from HK until the end of the contracts for example! You never know! Genuine question, As it is a social enterprise what happens if it is bought ? Where will the money go ? to pay of debts etc or back into the community how does that work ?
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Post by barrypotter on Aug 16, 2022 11:14:53 GMT
The W5 has already been confirmed to be moving to AW, so this wouldn't be included if it's just HK being sold. This decision may just be because AW already has chargers for the 616. Or maybe HCT are novating HK routes without the garage, and it's less viable to run the W5 from LI? Remember nothing is confirmed! There is nothing solid to say Stagecoach are buying the operators! For all we know Arriva could take on the routes from HK until the end of the contracts for example! You never know! A former colleague of mine still at HK, tells me stagecoach managers are there now, and they have been told takeover on 27th. Well, so he says.
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