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Decision was made with a focus on reducing its debt and advancing the best interests of the company and its stakeholders. Coach America has obtained a commitment for $30 million in financing, subject to approval by the Bankruptcy Court, which will support the company's fleet investment and help ensure the continuation of normal operations.
Read More →The amended facility resets the applicable leverage ratio test, modifies certain other terms of the facility and provides the company with additional operating flexibility in the future.
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Anaheim, Calif. division of Coach America took delivery of three TD925 coaches, while eight Van Hool ADA-equipped C2045Es have been added to its Woodland commuter fleet in Houston.
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The new D4505s, equipped with Cummins engines and Allison transmissions, feature seatbelt-compatible Amaya seats and three-point seatbelts for certain employee-transportation contracts.
Read More →Once again, Dallas-based Coach America rolls in at the top in METRO's annual motorcoach survey. Despite the lagging economy, two-thirds of carriers reported a substantial increase in business.
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