Local jobs at stake as Deane Transport goes into administration

Ian Bushnell 19 November 2019 29
Deane's coach

Deane Transport’s operations have grown rapidly in recent years. Photo: Deane Transport.

Queanbeyan-based charter bus operator Deane Transport has gone into administration in a bid to restructure the debt-laden business.

It has appointed national restructuring firm Vincents as administrators but will continue to trade while seeking a new partner.

Company principal Brenton Deane said Deane’s operations had grown rapidly in recent years and demands on capital were likely to become overwhelming.

“We’d love to see a new player come on board to assist in the restructure,” he said.

Administrator Tony Lane says the outlook for restructuring the company, which employees about 17 casual and full-time workers, was positive.

“The debt position of the company meant that current operations were going to become unsustainable,” he said. “The decision to appoint an administrator gives the company the best chance of restructuring its operations and keeping local jobs intact.

“There’s over a dozen local jobs at stake here. We’ll be doing all we can to work with the existing operators and other interested parties to see the business preserved and those jobs maintained.”

He said there was a range of factors involved in the company’s predicament rather than any one cause or failure, saying it had been a victim of its own success.

“They’ve grown quite rapidly over the past four years. The financials exhibit strong revenue growth but it’s a tale of a lack of working capital,” Mr Lane said.

He said the company had managed to exploit a niche in the local and regional market and was relatively well positioned as far as its competitors were concerned.

Mr Lane said the revenue numbers contradicted any claims that the state of the economy may have played a role.

He praised the attitude of the directors and said administration was an opportunity to rebirth a business that had developed a strong reputation.

Deane posted on social media that the company was working closely with the Administrator to ensure uninterrupted service while the business continued to trade as usual.

“Our Board and all our staff are committed to ensuring that our excellent reputation for quality service is not diminished, and you will see no change to the way in which we continue to deliver market-leading service,” it said.

“We want to thank you all in advance for your kind words of support and encouragement during this stressful period. As many of you will know, being in business has its challenges and rewards – we expect this process to be rewarding as we emerge stronger and better from this phase; however, it is still a challenge … but one we’re up to.”

“We’re all extremely positive about our future as the Canberra Region’s #1 choice operator and with your ongoing support, we will maintain that position.”

Deane Transport Services is a family-owned bus and coach charter company that services the Canberra and Snowy Mountains regions.

It runs a fleet of 20 coaches ranging from 27-34 seat mini-buses to 48-65 seat buses.

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29 Responses to Local jobs at stake as Deane Transport goes into administration
Qcity Transit Qcity Transit 10:04 am 20 Nov 19

Qcity Transit Pty Ltd are sorry to hear the news that Deane Transport have gone into voluntary administration. We understand the challenges of the competitive transport market. We would also like to clarify the current confusion in the marketplace. Qcity Transit and Transborder Express are not in anyway affiliated with Deane Transport and will continue to deliver quality services under contract to Transport for NSW for route and school bus services, ACT Government for rural school student services, and charter and special events.

Capital Retro Capital Retro 8:04 am 20 Nov 19

Maybe they should try operating under the Transport Canberra financial model with massive taxpayer subsidies, new $500,000 busses and no weekend services.

It’s a “winner” in Canberra according to our government.

Jude Beck Jude Beck 9:47 pm 19 Nov 19

This is not Qcity!

Katie Beck Katie Beck 9:36 pm 19 Nov 19

Just for those who seem to be confused, Deane Transport Service are a private charter company and are still operating as normal! QCity that used to be called Deanes a couple of years ago are the local public transport company for Queanbeyan, local public school routes. 2 seperate companies

    Claire Cat Claire Cat 9:47 pm 19 Nov 19

    Katie Beck Thank you Katie I had no idea of the change!

    Birchy Birchy Birchy Birchy 9:53 am 20 Nov 19

    Katie Beck me either. That made it easier to understand

    Caroline Le Couteur Caroline Le Couteur 2:16 pm 20 Nov 19

    thank you

    Chris Kafer Chris Kafer 11:48 pm 22 Nov 19

    I was about to say, I've passed multiple deane's busses this week.

Jude Beck Jude Beck 9:32 pm 19 Nov 19

Trading as usual it says!

Jason Matthew Jason Matthew 8:07 pm 19 Nov 19

Courtney Matthew that the bus that parked down the street

    Courtney Matthew Courtney Matthew 8:10 pm 19 Nov 19

    Jason Matthew yeah I was gonna tag you in it.

Daniel Howell Daniel Howell 6:57 pm 19 Nov 19

Not good

Kylie Beer Kylie Beer 6:52 pm 19 Nov 19

Cherry, will this be a problem for you?

William William William William 6:42 pm 19 Nov 19

No buses to googong any more first to go school runs are to bee keeps,

    Ken Beck Ken Beck 7:53 am 20 Nov 19

    William William QCITY will continue to run school busses out of Googong. This situation has nothing to do with them. QCITY are a completely different business/Company. Deans is a private charter business.

Tracey Harrison Tracey Harrison 6:15 pm 19 Nov 19

That explains bus 20mins late....meetings

Caroline Le Couteur Caroline Le Couteur 6:03 pm 19 Nov 19

Bummer - we need our public transport

    John Tokaji John Tokaji 8:46 pm 19 Nov 19

    Deane Transport Services are a private charter only company. Public Transport in Queanbeyan is provided by Qcity Transit, who are not affiliated with Deane Transport Services whatsoever

    Michael Croft Michael Croft 9:19 pm 19 Nov 19

    Deane's also do the school runs for the kids located outside the the ACTION bus routes. They are a private company contracted to do public transport as well.

    Todd Milton Todd Milton 3:41 am 20 Nov 19

    Deane Transport Services are Tourist and Charter, not public transport. I believe some schools contract Deane Transport Services to operate some private school runs (not classed as PT as it is a charter by the school), but the cross border school runs (and cross border regular route services) are run by Q City (formerly Deanes Buslines) and their subsidiary TBX

    Michael Croft Michael Croft 6:31 am 20 Nov 19

    Todd they are contracted by the ACT government to do the outlying area school runs for all schools - Hall, Tharwa, Uriarra, etc. This means they are filling a public transport role that will have to performed by either ACTION or another contractor if they move from administration to receivership.

    Katie Beck Katie Beck 7:04 am 20 Nov 19

    Michael Croft no they are not contracted to offer school runs by the ACT Government. QCity that used to be named Deanes, names changed a few years ago, does do school runs that support Canberra surrounding suburbs. Deane Transport Services are a private coach company that supports touring school groups, weddings, winery tours, long distance group transfers etc.

    John Tokaji John Tokaji 8:10 am 20 Nov 19

    https://www.transport.act.gov.au/getting-around/rural-services - Michael, feel free to check the information on Transport Canberra's page regarding your incorrect statement

    Allan Stuart Allan Stuart 12:33 pm 20 Nov 19

    Michael Croft no Deane has nothing to do with Qcity and Transborder express

    Michael Croft Michael Croft 3:16 pm 20 Nov 19

    Thanks all for the clarification. My confusion is because a bus clearly labelled "Deane" picks up kids on the Uriarra run just past my farm gate.

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