TheRealTMA
Senior Member
- Joined
- Jul 13, 2012
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PPPs are privatisation of what should be public assets. “The Airtrain service is a private enterprise. The line is owned and operated by Airtrain Citylink Limited, with financial backing from Transfield Services, Macquarie Bank, Colonial First State and ABN AMRO”It wasn’t privatised, it was built under a public private partnership. We only have to look to Melbourne to see what would have happened without private investment.
AirTrain was definitely a failure in the early years but it now does make a profit.