(25 Oct 2020, 8:49 am)L469 YVK wrote But the point is that the order for the 110 was planned 'pre-pandemic and was only coincidentially delayed due to the troubles with WrightBus. As was GNE's but with a bit of shuffling around (premature frequency increase of X21 reversed), the Go-Ahead group took full delivery and GNE even benefited with good condition coaches for the X9 & X10

That's still not a sign of a company going bust though? That's just a business making a decision not taking on a order during uncertain times. There could be other factors here such as the finance already being taken out so GNE already had the finances whereas Arriva hadn't. Your not going to get a very favourable loan for new vehicles in a middle of a pandemic regardless to how much profit you make / who you are.

Stagecoach cancelled their whole new order aswell and if you check both the Arriva and Stagecoach accounts which were prepared after C19 started they both have a section where they're confident that they will keep going as a going concern for the forseeable future (next 12 months).