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Friday, June 14, 2024

FlixMobility Goes and Grows with Greyhound Acquisition – Motorcoach

Already known throughout Europe, FlixMobility is set to become an even more recognizable brand in the US. The company acquired Greyhound Lines Inc. in October 2021 and intends to continue expanding across countries. Along the plague and what is on the horizon.

Why Greyhound?

Global expansion, including expansion in North America, has always been a top priority for FlixMobility.

“It was a strategic move for us, and we believed that intercity bus service could be successful in the U.S. since we first started offering services there in 2018,” said Schwamlin. Introduce more customers to the safe, cheap and environmentally friendly mode of transportation after we succeed in crossing the plague. ”

The FlixMobility network serves over 2,500 destinations in 36 countries outside the U.S. with 400,000 daily connections. Greyhound currently connects approximately 2,400 destinations across North America with nearly 16 million passengers each year.

According to Champlain, everything remains the same for now. The two companies will continue to operate separately and work hard to overcome the ongoing epidemic. FlixMobility began analyzing and researching with teams how to best combine the two businesses.

Become a stronger competitor

FlixMobility has taken a technology-driven business approach and is working to fulfill its vision of providing easy-to-use and sustainable travel for travelers.

Schwamplin stated that the company is leveraging technology and data to optimize networks, operations and marketing and sales to build its largest intercity bus network across Europe, while increasing its industry and annual number of passengers.

“This is a testament to our success – we provide our customers with attractive prices and extremely high safety and quality standards throughout their journey in 37 countries around the world. In the last eight years, we have grown to be a leading global intercity bus network, helping more than 62 million people reach destinations Theirs in 2019 only. “


Europe vs. USA

No matter where you go, there will be people who need to go to places. FlixMobility noted this general need for hassle-free transportation and seeks to make it happen, regardless of country or continent.

The company’s customer-focused business approach has led to an increase in the number of first-time passengers – in fact, more than 40% of its customers have never ridden an intercity bus, according to Champlain.

“Consumers across North America are increasingly looking for convenient and smart transportation solutions. In the long run, we see a great opportunity to attract more travelers from private cars to shared trips on intercity buses,” he explained.

A big difference between the U.S. and Europe, Champlain said, is the lack of a nationwide train supply. This makes the role of intercity bus travel as an environmentally friendly means of transportation even more vital.

“The accessibility of small and medium-sized cities across the U.S. plays a crucial part – only intercity buses can ensure this, in and out of epidemic periods,” he added.

Power through an epidemic

The COVID-19 epidemic was a huge challenge for the entire transportation industry. FlixMobility has had to constantly respond to the plague liquid conditions, and like many other companies, has seen a significant drop in revenue.

However, 2021 has already led to a moderate recovery, and travel has accumulated throughout mid-summer due to vaccines and seasonal demand for travel. However, it remains below 2019 levels.

“The fact that we have been able to raise significant funds from our investors while this epidemic continues underscores our investors’ confidence in our strategy and our future prospects, ”Schwalin said.


The future of alt fuel

Shared transportation, especially intercity buses, are already a viable way to travel per person and miles traveled, according to the company. It has piloted electric long-distance buses in Germany, France and the United States, and plans to launch more soon.

Unfortunately, the range and availability of electronic buses has not yet increased significantly, so the business cannot use these vehicles on a wider scale yet.

FlixMobility has started pilots with other alternative fuels as well. At the end of 2019, it announced a collaboration with the German technology company Freudenberg and plans to build the first long-distance hydrogen bus.

In the summer of 2021, it launched international biogas-powered buses between Amsterdam and Brussels, and between Stockholm and Oslo. The bus between the Netherlands and Belgium is powered by compressed natural gas (Bio-CNG), and the bus between Sweden and Norway is powered by liquid biogas (LBG).

Moving forward

For now, the company’s number one priority is to learn about Greyhound’s business and see how the two businesses can best be combined. Given the size of the company, it will take some time.

At the same time, the world is still in the midst of an epidemic with a suppressed demand – it is important to walk lightly and manage it thoroughly and carefully.

FlixMobility’s long-term goal is to expand the market and further provide passengers with accessible, environmentally friendly and inexpensive means of transportation.

“We are confident that the combination of Greyhound and Flixbus will allow us to expand the supply of intercity bus services throughout this country. And most importantly, we believe in the huge potential of intercity bus service in the US. Greyhound is an iconic American brand and is synonymous with travel on long-distance buses in North America; It is now part of a global network in 37 countries and will benefit from the technology and innovation power of FlixBus. Together, we will ensure accessibility to areas and cities by providing a leading intercity bus service, “Schumplin said.



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