UPDATED: Infratil’s bus unit loses South Auckland contract
Incumbent to take $6m earnings hit after being bumped in first contract tender under new public transport operating model
UPDATE: NZX-listed Infratil says the loss of its South Auckland bus contract would strip about $6 million from the operating earnings of NZ Bus and trigger probable job losses among its staff.
NZ Bus chairman Kevin Baker, who also serves as chief financial officer of Infratil and its manager
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Tim Hunter
Fri, 29 Jan 2016
Fri, 29 Jan 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
UPDATED: Infratil’s bus unit loses South Auckland contract
55073