X
Rotala Share Price Index
12th December 2017 @ 09:41 am GMT
53.50 GBX
ISIN
GB00B1Z2MP60
Last
GBX 53.50
Change
GBX 0.00 (0.00%)
Open / High / Low
53.50 / 53.50 / 53.50
Volume (pcs.)
--
Share Price Tracker
X

Rotala signs deal with Arriva to take on Wednesdfield operation.

Rotala Plc has signed a deal with Arriva Plc to take on the majority of the Arriva Wednesfield operation, including contracts with Transport for West Midlands.

Under the deal with Arriva Midlands North Ltd, Rotala's West Midlands subsidiary, Diamond Bus Ltd, it will accept nine vehicles from Arriva Wednesfield and the Transport for West Midlands contracts currently operated by Arriva Wednesfield. 

Transport for West Midlands has consented to the novation of the bus contracts, and the contracts expire on October 21. The estimated revenue for the remaining six months of these contracts until expiry is GBP600,000. 

Arriva will maintain operation of the 10 A/B and the 335 services, which will transfer to other Arriva depots in the Midlands, and Rotala will offer employment to every other member of the Arriva Wednesfield staff.