I was told it will be as it is now which is a bit disappointing. So either buy a through ticket or pay at the Dart.
Very hard to work out the length of time to pay the debt off
The target is 34% of all passengers will arrive by rail. 18,000,000 divided by 2 is 9,000,000 return journeys through the airport. This would mean 3,060,000 return journeys via Dart per year. Existing fare is £3.80 return. £225,000,000 / £3.80 = 59,210,526 return trips needed before interest and running costs. Divided that by 3,060,000 passengers per year = nearly 20 years.
BUT there are interest payments on the loans and running costs for the dart which runs into a few million for the first 5 years. Doppelmayr Cable Car is building the automated people mover for the project. It is also responsible for operating the system for five years with an option to extend this term by five more years. I think in reality 20 years could well end up being 40 years, which is why the airport operator said no to funding it and that is assuming the airport maintains 18m which it might not. Any extension to T2 would be a further cost.
The idea is that the next franchise holder will pay off the debt and will adjust their payments to LLAL accordantly so clearing the LLAL debt
Last edited by LTNman; 1st May 2020 at 15:56.