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Martijn Gilbert leaving Go North East

Martijn Gilbert leaving Go North East

RE: Martijn Gilbert leaving Go North East
(10 Jun 2022, 7:58 pm)BusLoverMum wrote I suspect there will be some imminent increases “due to the rising cost of fuel”.
Which would go against the grain, because they hedged their group fuel and saved approx. £10m last year in fuel costs versus the year prior.

According to their own reports year ending 2021:
 
Fuel During the year, Bus required around 135 million litres of fuel, with a net cost of £89.4m. (2020: 135 million litres of fuel, with a net cost of £98.3m). Fuel costs and the cost per litre were lower in the year due to lower market rates for fuel as preferable hedging prices were obtained in the prior year, in particular during the final quarter of the 2020 financial year as market rates dropped.  
 

It's not stopped them before and pointing the finger at fuel costs mind.
'Illegitimis non carborundum'

Martijn Gilbert leaving Go North East
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Changes ahead at GNE
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East
RE: Martijn Gilbert leaving Go North East