What percentage of this will be lost,16 Jul 2021 16:02
Excerpt from the 30 June 2021 RNS
' Prior to COVID-19, around 23% of bus journeys outside of London made by residents of England were for commuting and business'
........
I imagine costs are fixed and and once break even is hit any extra passenger numbers drop straight to the bottom line.
Those working from home are saving lots of travelling time and costs. Why would they ever want to return to the office again, so I can see a large percentage of that 23% never returning to the office if they have their way, that's a lot of bums on seats/profits lost.
Adding on those nervous of catching a new variant of Covid and it's not looking to favourable for SGC.
In the short term at least this is a declining business imo.