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      • The company blamed its bankruptcy on a decline in commuter ridership during the pandemic. Coach USA has said that the bankruptcy is intended to sell certain bus lines to an affiliate of Renco, as well as its Megabus intellectual property and retail operations. Avalon Transportation has also agreed to buy some Coach assets, the company said.
      www.bloomberg.com/news/articles/2024-07-19/bus-carrier-coach-usa-cuts-deal-with-creditors-on-sale-new-debt

      Bus Carrier Coach USA Cuts Deal With Creditors on Sale, New ...

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  3. www.cnn.com › 2024/06/12 › businessUS bus company Coach files for bankruptcy to sell its ... - CNN

    Jun 13, 2024 · Coach USA, the operator of Megabus and other commuter bus lines in the US and Canada, filed for bankruptcy protection in Delaware late Tuesday, seeking to sell its assets and shed debt...

  4. www.businessinsider.com › megabus-coach-bankruptWhy Megabus is in trouble, and how it could impact the bus ...

    Oct 10, 2024 · Megabus was once known as an affordable travel service, but its parent company, Coach USA, has filed for bankruptcy. The bus industry is half the size it used to be. Can bus travel be saved?

    • Henry Blodget

  5. finance.yahoo.com › news › u-bus-company-coach-filesU.S. bus company Coach files for bankruptcy to sell its business

    Jun 12, 2024 · NEW YORK (Reuters) - Coach USA, the operator of Megabus and other commuter bus lines in the U.S. and Canada, filed for bankruptcy protection in Delaware late Tuesday, seeking to sell its assets and...

    • Dietrich Knauth

  6. www.bloomberg.com › news › articlesBus Carrier Coach USA Cuts Deal With Creditors on Sale, New ...

    Jul 19, 2024 · Bankrupt bus company Coach USA won court approval to sell its Megabus commuter service, including routes connecting New York and New Jersey, after lower-ranking creditors dropped their...

  7. www.reuters.com › business › autos-transportationU.S. bus company Coach files for bankruptcy to sell its ...

    Jun 12, 2024 · Coach USA, the operator of Megabus and other commuter bus lines in the U.S. and Canada, filed for bankruptcy protection in Delaware late Tuesday, seeking to sell its assets and shed debt...

    • Dietrich Knauth

  8. us.megabus.com › press-releases › sale-announcementCoach USA Receives Court Approval for Asset Sales ... - megabus

    Affiliates of AVALON Transportation, LLC, will acquire several of the company’s bus lines: Lenzner, Kerrville, All West and ACL Atlanta. An affiliate of Wynne Transportation will acquire Coach USA’s Powder River operation and the Butler Motor Transit body shop operation located in Butler, PA.

  9. www.bloomberg.com › news › articlesBus Carrier Coach USA Goes Bankrupt After Ridership Drops

    Jun 12, 2024 · Bus company Coach USA, owner of the Megabus brand and commuter bus lines connecting New York and New Jersey, filed for bankruptcy, saying it was unable to recover from a decline in ridership...

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