RE: Update from National Express UK Coach: Full suspension of Services7 Jan 2021 16:24
Of course it is. First, the coach services are a small part of their world wide operations. Second, they now won't be paying out staff costs for two months (furlough). they won't be paying fuel costs, servicing costs, etc. They'll save money doing this. Three, they won't need to do a raise as they have plenty of cash in hand and access to. It isn't like NEX just came out and said every single operation around the world is now suspended and they won't be making any money. I see it as one small part is closed to SAVE money.