Why Cheap Bus Travel Is Disappearing In America | Business Insider Explains | Business Insider

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

00:00 – Introduction
00:52 – Stagecoach Launches Megabus In The UK
01:05 – Megabus Makes It To The US
01:27 – $1 Tickets
01:45 – Gas Prices Fall
01:58 – Flixbus Enters The Market
02:09 – Megabus Accidents
02:13 – Stagecoach Sells Coach USA To Variant Equity Advisors
02:38 – COVID Halts The Bus Industry
02:52 – Coach USA Files For Bankruptcy
02:56 – The Inter-City Bus Industry Is Struggling
04:02 – Alden Buys 33 Greyhound Stations
05:19 – Credits

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Why Cheap Bus Travel Is Disappearing In America | Business Insider Explains | Business Insider