Re: Airport link company Defaults on loan

["B." <gunzel412@dingoblue.gunzel.net.au>]

Chris Brownbill <cbrnbill@enternet.com.au> wrote in message
3A1BA870.8E2433E3@enternet.com.au">news:3A1BA870.8E2433E3@enternet.com.au...
> Maurie Daly wrote:
>> 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.

> The one its really going to harm is any chance of a Melbourne
> airport line.
> Brisbane has got in ahead of the game, but airport line
> proposals are going to have a real bad reputation for a long
> time now - unless Brizzy can show us how it should be done.

At a reported $9 one way, I don't think so.

The Melbourne Airport options all appear based on a more 'premium'
type of express service, if this the model adopted then you can
see that it will be commercial suicide.  The fare for a 'premium'
train into town, plus the Metcard for the next leg home means that
any operation of this type is going to cost a fortune for anyone
travelling to the airport.  Depending on the airfare then you
might pay 40% of the airfare on getting to & from the airport at
each end, on Public Transport...?  Ouch.

--
B.

Email - gunzel412 at dingoblue dot net dot au
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