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Court Line's coach fleet continues operations 'for the present'

23rd August 1974, Page 13
23rd August 1974
Page 13
Page 13, 23rd August 1974 — Court Line's coach fleet continues operations 'for the present'
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A GO-AHEAD to stay in operation has been given to Court Line Coaches Ltd by Mr Rupert Nicholson, who has been appointed to wind up the Court Line holiday giant which collapsed last week. Court Line Coaches has a fleet of 59 coaches and its managing director Mr Ron Keech told CM on Tuesday that the company has been told it could continue trading. He had however, "no idea" what might happen in a few months' time.

The coach subsidiary has not itself gone bankrupt and is a viable entity. Staff were working normally this week although an estimated 10 per cent may have to be laid off. The spokesman pointed out that only 16 per cent of its business was dependent on the Court Line holiday business and that it has several major contracts with other concerns.