Transit Australia Group

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Linto63
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Joined: Wed Feb 03, 2016 4:44 am

Transit Australia Group

Post by Linto63 »

Transit Australia Group, the parent of Surfside and Sunbus, is on the market with ComfortDelGro, Keolis Downer, Transdev and 3i amongst the suitors. https://www.busnews.com.au/industry-new ... p-sale-yet

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Campbelltown busboy
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Re: Transit Australia Group

Post by Campbelltown busboy »

With the Queensland branch of the Calabro family putting the bus operations of Transit Australia Group up for sale and the likeness that the NSW branch of the family might not win a contract in the next two rounds of Transport For NSW metropolitan bus contract tendering the Calabro family as a whole might want to cut back on their participation in the transport industry after 67 years
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Volvo B12B Driver
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Re: Transit Australia Group

Post by Volvo B12B Driver »

Well the industry is changing, the new Translink bus contracts are rumored to only offer a fairly small profit margin providing the companies can meet all the KPIs. So I guess some operators will now want out and have a contract sell, Translink operators since 2011 have been running on emergency contracts. TAG won't have much trouble selling there operations, though some of the smaller Translink Operators may have more difficulty selling with the small profit margins these contracts offer.

Linto63
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Re: Transit Australia Group

Post by Linto63 »

Sold to AATS Group, owner of SkyBus that the Gold Coast Tourist Shuttle business was sold to a few years ago. Bustech not included.

https://www.busnews.com.au/industry-new ... t-included

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