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Old 5th Oct 2022, 09:28
  #1960 (permalink)  
LTNman
 
Join Date: Jul 2002
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As to date they have borrowed £281m and counting do they have a choice? Not only have they got to pay the interest on that money, they have got to try and whittle down the debt while at the same time paying the airport operator £9m to provide staff for I think a 5 year contract. Then there is the maintenance contract for trains and tracks plus the massive electricity bill for hauling the trains up and down a hill and a new management structure as LRT intend to separate the company into a wholly owned company owned by LRT. I can guarantee this is the first stage of cutting their losses and selling off the Dart at a massive loss.

Also there is more to this delay than just ticketing issues but they won’t let on.
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