Airtrain negotiations back on after Bailey breakdown

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The on-again, off-again discussions between the state government and Airtrain to end the private company’s monopoly on public transport to Brisbane Airport is on again.

Those negotiations under former transport minister Mark Bailey, but his successor Bart Mellish said on Friday the topic was – potentially – back on the table.

“In terms of the contract itself – and getting out of that contract – it would have to be a commercial negotiation,” he said.“It would have to be a commercial discussion, a commercial negotiation, so we’re having that discussion.“But we’re also having discussion about what can we do to improve services.

The 8.5-kilometre train line was completed in 2001 for about $200 million and, in return for building the infrastructure, Airtrain got the promise of 35 years’ worth of fares.Patronage never lived up to expectation and UK pension fund Universities Superannuation Scheme bought Airtrain for $109 million in 2012.

 

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