Re: Vline sale Assetts.

["Michael Walker" <walker@hotkey.net.au>]

>No idea. The WONs I saw at the time said that certain V/Line locos were
>either on long term or short term lease to NR. 58 locomotives, 132 trams
>and 19 N sets were sold to a Japanese leasing company by the Cain
>government (IIRC, some of the Gs and most of the B2s were sold before
>delivery), and have been leased back ever since. It made the balance sheet
>look good for the first year or so......
>
Haven't the Kennett Government paid out most of those leases, at least
that's what I heard...not that you can believe everything reported in the
media presented by the aforementioned.