Ensign may have offered them a good price. It's also a fairly common business 
practice now to flog something you own and lease it back. It frees up cash (or 
reduces debt) and looks good on the accounts.

This is also the company that opened what is still the newest bus depot in 
Wales then closed it within a year however!

--- On Thu, 13/10/11, Luke <[email protected]> wrote:

From: Luke <[email protected]>
Subject: Re: New Adventure Travel CN07 FSY
To: [email protected]
Cc: "Welsh Bus Photographs" <[email protected]>
Date: Thursday, 13 October, 2011, 14:18

I really don't understand their reasoning for selling the four Volvos (although 
X63 only needs three buses) only to need to hire buses to continue operating 
it. Some of the Volvos are still in service though.



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