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Inverness snapped up

13th April 1989, Page 18
13th April 1989
Page 18
Page 18, 13th April 1989 — Inverness snapped up
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Which of the following most accurately describes the problem?

• Troubled Inverness Traction has been bought by a locally based operator, Alexander (North-east), which was formed late last year by four former senior employees of Northern Scottish Omnibuses.

The deal safeguards the jobs of the 32 staff but puts Inverness Traction into liquidation — Alexander will take over staff and vehicles and will main

tain existing services, but has refused to take on IT's debts.

IT managing director Malcolm Vaughan, who launched a bitter attack on Highland Omnibus which, he claimed, had run IT off the road, (CM 6-12 April), has been taken on as divisional manager of the operation for Alexander. "At least everyone has got a job. There is a future here now," he says.

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People: Malcolm Vaughan

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