(12 Apr 2020, 4:17 pm)streetdeckfan wrote As far as I understand, and correct me if I'm wrong, the 'bail out' is only supposed to bridge the gap between the income and the costs of running the reduced services, so it essential allows them to break even.
Sent from my LM-G710 using Tapatalk
Yes, the information available publicly doesn’t hold much detail of what the “bail-out” entails other than being an enhancement of BSOG - it is a good thing and absolutely what the industry needed, but by no means covers all costs. There’s a lot of hidden costs in running a bus company, quite difficult to quantify, which operators still need to face the costs of (so they’re still making significant losses!)
Lots of “people cost” for those not out there on the frontline but are still needed to help deliver schedule changes, manage bus depots, repair buses, etc.
Vehicle insurance is another massive cost which operators will still need to pay themselves. Then smaller costs, but costs nevertheless, such as ticket machine licensing. Lots of similar examples.
Sent from my iPhone using Tapatalk