(30 Sep 2020, 7:05 pm)Driver9*** wrote I can't see GNE or Stagecoach wanting the Arriva operations. The only depot making any kind of profit was Blyth, Ashington barely broke even and Jesmond has been a loss maker for years, add in covid and it becomes even less attractive.
2018 accounts for Northumbria reported a £1.2m profit after tax, so I highly doubt that only Blyth was making "any kind of profit". Most recent accounts for GNE have their profit at £2.8m after tax - so there's not a huge difference (when we take into account that that's only half of ANEs accounts).
Equally, you say that Ashington barely broke even - that'll be why they have (by far) the newest fleet out of the three depots then...