One of the leading private bus and coach operators in Malta would be interested in taking over the public transport service should the long drawn-out negotiations between government and Arriva fail, The Sunday Times of Malta has learnt.
Sources said that in recent weeks word spread among Arriva employees that Paramount Coaches was keen to take over the business from Arriva by setting up a consortium which would include a number of locally-based companies.
The sources said that one of the “least messy options” would be for Arriva to transfer its business to the new consortium rather than terminate its 10-year contract by mutual consent, or file for liquidation which would be the worst case scenario.
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