Marshalls of Sutton on Trent took the difficult decision to suspend all of its bus services on Tuesday 24 March until further notice.
In a statement, the company said: “With the updated government advice regarding what qualifies as non-essential travel, coupled with already rapidly dropping passenger numbers, we have to look to safeguard our passengers, our staff and our business.
“The majority of our services operate on a commercial basis, therefore with the massively reduced revenue, even operating reduced timetables, it is costing the company vast sums of money to continue to operate.
“This position is obviously not sustainable, and so to ensure the welfare of our staff and to ensure that we are still here to provide services to you and employment to our staff after this is over, we are taking the only sensible option available to us.
“We are genuinely sorry to all those who rely on us, for their essential journeys and hope that you can understand the reasoning behind this decision.
“We will keep everyone updated as things progress as to when we will be in a position to recommence operations. In the meantime, stay safe, stay well and stay at home wherever possible.”