This film is made as a parody of disaster flicks, so there's nothing really frightening save for the climax.
One of the characters nearly falls off the bus, but dangles safely.
The bus nearly falls off a cliff, but is salvaged when all the weight is shifted to the back of the bus.
To save the bus, Dan and Shoulders shift all weight to the back of the bus by pumping all of the vehicle's storage of carbonated beverages into the opposite end of the bus into the galley. One of the protagonists nearly drowns, but is saved at the last minute.