Train operators have effectively become nationalised with the coronavirus bailout– do coach and bus operators want the same prospect?
While much has been written about the government’s decision to place all train operating companies under management contracts in response to the current crisis, little has been said about the coach and bus industry, which is experiencing as dramatic a collapse in patronage as are the train operators.
Train operators seem to me to have been treated quite well. The government now takes all revenue and cost risk and train operators get a management fee for running the trains, albeit . . .