A global icon is reborn: Londoners meet city's new $36,000 per seat red bus

Discussion in 'Europe' started by rwoman, Mar 2, 2012.  |  Print Topic

  1. rwoman
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    rwoman Gold Member

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    MSNBC: A global icon is reborn: Londoners meet city's new $36,000 per seat red bus

    I always try to make sure my visitors get to ride on one of the classic buses. Definitely not a cheap update!
    :)

     
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  2. uggboy
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    uggboy Gold Member

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    Routemaster busses are icons, glad they are still going strong and being re-invented, even at a high cost!:) Love to see them!:)
     
  3. NYBanker
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    NYBanker Gold Member

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    Busses in London are not unlike US airlines. High union labor costs, high fuel costs and competition for routes have driven at least one operator into bankruptcy.
     
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  4. uggboy
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    uggboy Gold Member

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    " Positive " competition is good, as long it is " positive "...!!!
     
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  5. NYBanker
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    Except when my fund owned one of the companies and a different firm without union labor came in and low-balled the bid to renew most of our contracts. Our pension fund investors lost all of their money...and all the union labor at the bus company was sacked. We asked them to take a lower wage so we could bid competitively. They declined.

    Ooops.
     
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  6. uggboy
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    uggboy Gold Member

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    Ooops indeed!:eek:
     

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