"Paul Corfield" wrote:

Mr Souter returns to the London Bus Market with the purchase of ELBG
for roundly £59m having originally sold it to Macquarie for £263m a
number of years ago.

http://www.stagecoachgroup.com/scg/i...tem?id=3751051

Note the interesting remarks about new bus purchases and non cascading
of London vehicles to the rest of Stagecoach group.

Yes, liked that.

In essence - 'we don't wish to waste nearly-new buses on the provinces'.

Do Arriva use matching leases in London? Outside the capital, they appear to
operate a relatively ancient fleet.

Chris