Cornwall Busways' take on the matter on their Facebook
It is with regret that we advise you that Cornwall Busways services will cease on 31 December 2014, with the exception of a special timetable on service 30 on 2 January 2015 only. After this date, Cornwall Busways will surrender its Operating Licence and will cease trading. This action is taken as a result of a continuing dispute with the West Of England Traffic Commissioner.
From 5 January 2015, First Cornwall will extend its popular Truro to St Austell service 27 onwards to Bodmin Morrisons via Penwithick, Bugle & Stenalees and maintaining a hourly link through Kerrow Moor, Rosevean & Rosevear Road. First Cornwall, with support from Cornwall Council, have also applied to register a partial replacement for the 30 between Carclaze & St Austell via Boscoppa. Tesco & Asda. The introduction of this service is subject to approval by the West Of England Traffic Commissioner.
Also from 5 January, First Cornwall will introduce a new service 24 between Fowey, Par, St Blazey & St Austell which will cover many parts of service 31 which has been withdrawn with immediate effect.. This service will operate up to every 30 minutes, Mondays to Saturdays.
The whole team at Cornwall Busways would like to thank you all for your custom, support & well wishes over the past 7 months and hope you will support your new services provided by First Cornwall.
They later commented that all drivers have been offered employment with both First and WG