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Rotala in deal with Arriva Midlands North Ltd

By BFN News | 07:18 AM | Friday 24 March, 2017


Rotala subsidiary Diamond Bus Ltd has agreed a deal with Arriva Midlands North Ltd, a subsidiary of Arriva, to take on the majority of the Arriva Wednesfield operation. "The deal agreed will see Diamond accept, with effect from 23 April 2017, nine vehicles from Arriva Wednesfield together with those Transport for West Midlands (TfWM) contracts which are presently operated by Arriva Wednesfield with the vehicles being transferred," said Rotala. TfWM had consented to the novation of the underlying subsidised bus contracts. The contracts all expired on 21 October 2017 and the estimated revenue for the remaining six months of the contracts until expiry was £600,000. Arriva would retain operation of the 10 A/B and the 335 services, which would transfer to other Arriva depots in the Midlands, and the staff to operate them. Diamond, which operated in the West Midlands, would offer employment to every other member of Arriva Wednesfield staff. Story provided by StockMarketWire.com

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