Megabus Ends Service in Multiple Cities, Files for Chapter 11 Bankruptcy

MegaBus

Source: MegaBus / Radio One

Megabus, known for providing budget-friendly travel options across major cities, has announced a significant change in its operations. The company, which has been a go-to for cost-effective intercity travel since its introduction in 2006, is ceasing multiple routes. This decision is part of a broader nationwide route adjustment strategy involving transferring certain routes to competing operators.

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The parent company, Coach USA, recently filed for Chapter 11 bankruptcy, citing a decline in ridership during the pandemic as the primary reason for its financial troubles.

In an official statement, Derrick Waters, CEO of Coach USA, emphasized the company’s commitment to passenger safety and service continuity during this challenging time. “As we move through this process, our top priority remains safely carrying the millions of passengers who choose our buses each year and working closely with our valued contract customers and transportation agency partners. We appreciate the dedication of our employees to operating with safety as a priority and serving our customers and our communities,” Waters said.

The route discontinuations include services between Atlanta, GA, and Charlotte, NC, as well as between Durham, NC, Richmond, VA, and Washington, D.C.

Launched in 2006, Megabus quickly became popular for its affordable fares and extensive route network. In 2008, the company expanded internationally, entering the UK market and further solidifying its presence as a major player in budget travel.

In light of these changes, Megabus has assured that all customers with tickets for the discontinued routes will receive refunds.

For travel enthusiasts and business travelers who have relied on Megabus for their journeys, these changes mark a significant shift in the landscape of budget intercity travel. While the company navigates its financial restructuring, the future of affordable and accessible travel options remains uncertain.

SOURCE: WSBTV


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