Re: Airport link company Defaults on loan

["Tezza" <tezza2000@dingoblue.net.au>]

"Maurie Daly" <mauried@tpg.com.au> wrote in message
3a1b681b.27858258@can-news.tpg.com.au">news:3a1b681b.27858258@can-news.tpg.com.au...
> On 22 Nov 2000 03:47:43 GMT, thebaron@nospam.ozemail.com.au wrote:
>
> >
> > http://www.smh.com.au/news/0011/22/pageone/pageone6.html

> >
> >Is it just me or is this a good thing? We buy out the company
> >and introduce reasonable fares??
>
> Whats this going to do for other rail projects in Australia dependant
> on private sector funding ?
> eg AP to darwin, Speedrail, Melb to Brisbane rail link.
> Cant be much of a vote of confidence for would be investors.

Maybe the banks will realise the figures are bullshit and not back it - though
with contracts like the AL, I doubt it.