AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

Ceylon's Buses Lose £396,825 in a 4'ear

13th March 1959, Page 78
13th March 1959
Page 78
Page 78, 13th March 1959 — Ceylon's Buses Lose £396,825 in a 4'ear
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

IN its first full year of operation, the Ceylon Transport Board 'incurred a loss of £396,825. There was a loss every ' month except in October, when the Board secured a profit of £4,575. Expected income for the year was £7,770.600. but the actual yield was £6,851,489. The Board has attributed the Poor results to last year's communal -riots, the curfew which was imposed, oil strikes and a strike of its own employees. Meanwhile, plans are going ahead for 320 new buses to he put on the road before the end of this year. The chassis will he imported-100 A.E.C. Reliance, Hio, Fiat, 100 Mercedes-Benz and 20 Japanese I-lino —and bodies -will be built locally.

The Board has estimated that compensation to former bus owners will be £2,873,175.

BUS SHELTER DISCUSSIONS

OFFICIALS of Scottish bus companies will be asked on April 7 to give a definition of their pcilicy about bus shelters. They are to meet representatives of the Convention of Royal Burghs and the Association of County Councils, who will inquire how much the operators are prepared to grant towards the provision of shelters. The question of bus shelters in Scotland has been a difficult one for many years and practice varies widely.

MORE GLASS OUTPUT

" SUBSTANTIAL progress has been made at King's Norton with the installation of plant designed to increase still further our capacity to produce laminated curved glass, and at Eccleston new furnaces for toughened glass are being built," Sir Graham Cunningham, chairman, Triplex Holdings. Ltd.. reports.


comments powered by Disqus