Croydon Buses Update

The past 6 months have been extremely busy at Croydon Buses, with 3 TfL routes taken over in March. Te operation of these routes has been progressing well, however, we have had extreme reliability issues with Mercedes-Benz Citaro K's for Route T31, and these are to be withdrawn in the next 3 months. We have purchased 10 new Enviro200's to replace them. The Fareham Buses operation, as well as the Malta & Gozo operation has been sold to Go Ahead Group for £160 million. The planned floatation of Bale Group has been cancelled. The relaunch of commercial Route 445, and the launch of new route NHS1, has been successful, with occupancy up 30%. The 30% stake in the in the company bourght by National Express has been sold and we now have 100% ownership. We have also been awarded the contract to run Route 412, from January 2015. 10 E45H's have been ordered. That's all from us, we'll update when we have more exciting news.