Greyhound approved a plan for licensing and franchising.

John W. Teets, chairman and chief executive of Phoenix-based Greyhound Corp., said the plan involves Greyhound Lines’ inter-city bus operations. He said the arrangement will allow an operator to provide a variety of bus services, including interline passenger and package express services linking with Greyhound Lines routes. The licensing and franchising opportunities will apply not only to regular routes but also to charter service and to express bus service to airports, spokesmen said.