(11 Aug 2016, 6:56 pm)northern156 wrote The fact they're losing money hand over fist (at a figure of about £1m per month that I heard!) and it being announced after the big unveiling of the new Azumas seems too much of a coincidence to me Andreos?
Call me cynical like...
Not sure what you mean about it being a coincidence?
It has been well documented they're struggling. I put a link on regarding the financial status of the ops on here a few months back (the articles were published almost a week before the Azuma launch).
Hence, why I mentioned the other toc's and compared them to EC, who didn't make a loss - but had the same or similar overheads as their predecessors and successor.
EC even had a lower Government subsidy per km, than VTEC.
http://orr.gov.uk/__data/assets/pdf_file...014-15.pdf
There could be all sorts of reasons as to why they're running at a loss, running short sets, having issues with air-con, running out of food in first and are now investigating making circa 200 hundred redundancies.
Not sure it has anything to do with the new sets though.