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Re: City Rail Who would buy it anyway ?



In article <8brb3t$8mn$1@jedi.apana.org.au>,
craigd@lios.apana.org.au (C. Dewick) wrote:
> The Railway Rasputin II <bob@fastlink.com.au> writes:
>
> >There are sections that people would buy ie Illawarra line for one.
> >St George Bank wanted to buy Kogara a while back.
>
> >But as one job lot, I don't think they could give it away.
>
> To operate CityRail privately with zero government funding and still
deliver
> exactly the same level of service with the same number of trains, same
> timetables, etc. would require the fares to increase about 200 percent
to
> achieve full cost-recovery.
>
> We've got people whinging when the fares rise 2 percent, so can you
imagine
> the uproar if CityRail is ever 'Jeffed' and the fares are jacked up to
cover
> the expenditure base? 8-)
>
> Regards,
>
> Craig.
> --
> Craig Ian Dewick | Stand clear - jaws closing
> Send email to craigd@lios.apana.org.au | Visit my Australian rail
transport
> Professional Train Driver, Cityrail | and rail modelling web site:
> and HO scale rail modeller | http://lios.apana.org.au/~craigd
>
Privatisation don't necessary have to be zero funding. Cityrail can
follow what Met train did, where government still funding rail service
but much lesser then before the privatisation.
--
Cheers
James


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Before you buy.