I think this puts to bed the idea that iSquared are going to "invest in Arriva" and not asset strip, oh no. Wonder how much the depots are worth....
Interesting debate on FB about this
https://www.facebook.com%2FWycombeSound%2Fposts%2Fpfbid0GsfrmQrt2MNbakKV1qkxWvrXye2VVueMR38939sHaZ8JN4nJ5WLPkLoEA8Dks3B1l
I'll say it again... Has the deal actually gone through?
There is still a link to the Arriva website from the DB corporate one, and there is nothing on the iSquared website re: Arriva purchase since the proposed deal was announced in October. It said it would complete in 2024 subject to various internal and legislative clearances but not heard anything since.
This has all the hallmarks of an Arriva operation that has frankly dwindled over recent years to a few core routes. Allied to a lack of investment from DB over several years, the post Covid drop in passengers and such a malaise also emboldening others to compete, they simply aren't able to make the operation pay. Seen the same happen in so many places.
Within UK Bus, which are the strongest depots (outside of the areas slated for franchising in the medium term)? Derby seems alright to me, are there any others?
The good areas were places like Derby, Leicester, Luton, and the Medway Towns.
It would be interesting to see the fleet sizes of the various opcos when they became Arriva and what they look like 25 years later. One I was able to find was that the M&D bus club stated that Arriva had c.250 buses running out of 4 Kent depots in 2012. It's now about 180 from 3.