Maritime bus close to breaking even
The number of people using Maritime Bus Company continues to grow, and the intercity service could soon be turning a profit, says owner Mike Cassidy.
The company was launched Dec. 1 to replace Acadian Lines in the Maritimes, and Cassidy said he believes it is already doing better financially than the old service.
"We moved 16,700 passenger fares in the month of March and that's up from December of 15,500," said Cassidy.
"We're trying to break even. For the month of March we're over our projected number."
Cassidy took on the regional service using his experience from running P.E.I.-based Trius Tours, which operated tour buses and transit service on the Island. Maritime Bus offers the opportunity of significant growth. He estimates only 10 to 15 per cent of the Maritime Bus business is from Prince Edward Island.
He expects ridership on Maritime Bus to continue to grow through the rest of 2013.
For mobile device users: Have you tried Maritime Bus Company's service?