(06 May 2021, 9:58 pm)busmanT wrote Exactly how cheap are they?
Do you know what their operating costs are?
They have a much newer fleet than many operators in the North East - presumably leased, and they won't be cheap (although most repairs will be covered under warranty).

I don't believe Nexus make public a lot of this information, despite the Local Government transparency code.

No idea on their operating costs either, but based on 5 minutes research:
Pay rate for drivers... £9.00 to £10.50 based on a recent Facebook advertisement, excluding employer NI and pension contributions.
Bus leasing... maybe around £300 per bus per month? Never had a need to lease one, personally! 
Fuel... I don't believe they have their own tanks or a hedging policy, so prices seem to average around £4.90 a gallon of Diesel at the moment.

Clearly that doesn't include the cost of shared non-driving resource, premises rent, business rates, energy/water, paperclips, tea and biscuits or any other costs associated with running their business.