New World First Bus Services Limited (First Bus, or "NWFB") was established in 1998, taking over China Motor Bus's franchise to provide bus services on Hong Kong Island together with Citybus. It is the third largest public bus operator in Hong Kong.
The company currently possesses over 700 buses, and operateing over 100 franchised routes with over 2,000 staff. Since 18 August 2002, the complete bus fleet are air-conditioned (except one open-top bus). All buses are equipped with Octopus smart card payment system. Near 80% of the buses are Super Low Floor.
The company was initially jointly owned by the First Group of UK and NWS Holdings Limited. In early 2004, First Group's ownership was passed to Chow Tai Fook.
These were two second-handed Volvo Olympian air-conditioned buses of New World First Bus (NWFB) brought from China Motor Bus (CMB). The one on the right had been repainted with the livery of NWFB, while the one on the left was still remained in the livery of CMB.
92 * 11 metres Dennis Condor with Duple MetSec body, (Fleet number: DA1-DA92)
62 * 11 metres Volvo Olympian with Alexander R-type body, (Fleet number: VA1-VA61, VA63)
25 * 11 metres Leyland Olympian with Alexander R-type body, (Fleet number: LA1-LA25)
Bought from Hong Kong Air Cargo Limited (HACTL)
4 * 12 metres Dennis Dragon with Duple MetSec body, (Fleet number: DA93-DA96)
2 * 12 metres Volvo Olympian with Alexander R-type body, (Fleet number: VA65-VA66)
Double Deck Open-top Buses (Second-hand)
Bought from China Motor Bus
1 * 11 metres Dennis Condor with Duple MetSec body, (Fleet number: DM6)
NWFB submitted an application on November 1, 2000 for an average fare increase of 9.2 per cent on all its services.
For NWFB's local routes, the Committee's view is that the fare increases to be permitted should only result in an overall increase of not more than 3%, instead of the 9.2% requested by NWFB.
Under either option, NWFB's average rate of return would remain relatively low, as compared with the industry average; but it should, in the Committee's view, still be able to encourage the company to continue to invest in and improve its services.
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