Wednesday, August 3, 2016

+++ +++ Market News: Flixbus accepts Fernbusgeschäft Deutsche Post – ABC Online

Updated Wednesday, 03.08.2016, 07:10
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Flixbus accepts Fernbusgeschäft Deutsche Post

Wednesday, August 3 07:04: the German remote bus leader Flixbus takes over the business of the competitor Postbus. The first lines of the remote bus unit of Deutsche Post are to be integrated from November in the Flixbus network. That said Flixbus CEO André Schwämmlein the German Press Agency.

The yellow post bus brand will then disappear with time. Postbus currently operates around 100 long distance buses. “We expect the acquisition revenue effect of 15 to 20 million euros.” Details of the purchase price was not mentioned Schwämmlein.

With the purchase of the company Postbus Flixbus expanding its undisputed market leadership. The market share in Germany will increase from 70 to 80 percent. “From two networks, we make a better network” Schwämmlein announced in the magazine “Wirtschaftswoche”. Currently, postal and Flixbusse start on certain routes almost simultaneously. “We we rden parallel traffic reduced.” Moreover Flixbus hopes for new audiences. The customer at Postbus are on average older and bought tickets, especially in the retail outlets of Deutsche Post.

price increases no plans Flixbus. “The issue of higher prices we get half years found” Schwämmlein said the “Wirtschaftswoche”. Early 2015 merged with the Berlin Flixbus competitors Meinfernbus. “The prices have not been increased and they will not rise in the near future,” said Schwämmlein

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