The operator is taking over intercity routes in the Northeast after Megabus owner Coach USA’s June bankruptcy.
After Megabus parent company Coach USA filed for bankruptcy, threatening service on intercity buses in the Northeast Corridor, Peter Pan Bus Lines announced it will take over the routes.
According to an article in Source of the Spring, “Peter Pan Bus Lines operates bus routes throughout the Northeast Corridor with stops at the Silver Spring Transit Center, and partners with Trailways, Amtrak, Uber, and Lyft. Megabus is still selling tickets online for the Northeast routes, noting that Peter Pan will operate the trip.”
Coach USA cited low post-pandemic ridership and million in unpaid debt. “According to the Baltimore Sun and court documents from the United States Bankruptcy Court for the District of Delaware, Coach USA owes Wells Fargo nearly $38 million in loan payments and almost $7 million in unpaid rent in California and New Jersey.”
Read the full story: Peter Pan Bus Lines Takes Over Megabus Routes in the Northeast Corridor
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