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Re: Struggling airport line lands in receivership
- Subject: Re: Struggling airport line lands in receivership
- From: "Tezza" <tezza2000@dingoblue.net.au>
- Date: Sat, 2 Dec 2000 01:55:20 +1100
- Newsgroups: aus.rail
- References: <BgBV5.13$_42.1797@news0.optus.net.au> <nmBV5.28480$IP1.848792@news1.giganews.com>
- Xref: bclass.spectrum.com.au aus.rail:25912
"Dave Proctor"
> "David Bromage"
> > The $900 million airport rail line has plunged further into crisis with
> > the appointment yesterday of accounting firm KPMG as receiver-managers of
> > the owner, Airport Link Corporation.
> >
> > http://www.smh.com.au/news/0012/01/national/national1.html
>
> I personally hope that NAB uses its option to force the government to buy
> the stations. Then we can have a decent service on the line (decent as in
> affordable for everyone) and who knows, with appropriate fare levels, a
> stack of new passengers could be attracted (admittedly, not enough to cover
> the bail out costs, but it would help).
I reckon they'd beat the 48,000 mark in the first few months. There's a huge
number of people living out Campbelltown way who drive to that area for work.