(30 Sep 2020, 10:02 pm)streetdeckfan wrote With GNE, you also have to take into account that they've actually made investments in the fleet and built a new depot, so that would take up some of their profits
The fact that Arriva have made little to no investment, and only made £1.2 million in profit is quite worrying.
That's only averaging just over £3,000 profit per day
Or about £18 per vehicle per day (assuming I got my maths right!)
My point was more that they are making money, not "barely breaking even".