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The Airport Link Company was put up for sale in early 2006, and was purchased by Westpac. [19] In 2009, the business made a profit of A$5.8 million which increased to A$9.3 million in 2010. [20] [21] In 2013, Westpac's 49.9% stake was purchased by Universities Superannuation Scheme (USS), who then took control of the Airport Link Company. [22] [23]
The Airport Link consistently failed to meet patronage targets. In 2000, the Airport Link Company went into receivership, exposing the government to costs of around $800 million; it was put up for sale in early 2006. [8] State Rail blamed "lower than expected patronage" and stated it was working with the company to increase it. [9]
As part of the agreement, Airport Link Company would construct the tunnels and the stations, before operating them over a period of 30 years – paying back the construction cost with a surcharge fare for passengers who use the stations. [2] Construction began in February 1995, with the tunnel and the Airport Link stations opening on 21 May ...
The airport is accessible via Sydney Trains T8 Airport & South Line, providing regular service to the Sydney CBD and the southwestern suburbs, using the Airport Link underground rail line since 2000. The International Airport station is located below the International terminal, while the Domestic Airport station is located under the car park ...
Interchanging with the North-South Link or East-West Link would be required to access the airport itself. [14] Later in March 2018, the federal and state governments signed the Western Sydney City Deal and announced the development of stage 1 of the North South Rail Link as part of the deal. [15]
Pages in category "Airport Link, Sydney" The following 9 pages are in this category, out of 9 total. This list may not reflect recent changes. ...
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