sharetrader
Page 108 of 339 FirstFirst ... 85898104105106107108109110111112118158208 ... LastLast
Results 1,071 to 1,080 of 3387

Thread: IFT - Infratil

  1. #1071
    Guru
    Join Date
    Feb 2005
    Location
    Auckland
    Posts
    3,115

    Default

    Quote Originally Posted by macduffy View Post
    Radio reports today speculate(?) that Snapper card will be red-carded from the Auckland transport scene. If so, it's not good news for its parent company. As the effective "live" date for integration of the systems was sometime in November, one can only assume that milestone stages havn't been achieved - but that's more speculation - on my part, this time.

    Disc: Holding IFT.
    I can say with as much fact as anyone hiding behind an alis that Snapper will not be integrated into Auckland. Snapper made some mistakes (slowing things up) but AT made even more.

    Very small part of IFT business.

    Disc: Hold IFT.
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  2. #1072
    Senior Member
    Join Date
    Jun 2005
    Location
    , , .
    Posts
    1,324

    Default

    That could spell the end for Snapper entirely as a transport payment mechanism, given the NZTA will use the Thales system as the backbone for a nationwide ticketing system. Operators or Councils (depending upon the contract model used) will be able to choose the equipment used on vehicles, but it must integrate with the Thales-based system.

  3. #1073
    Guru
    Join Date
    Feb 2005
    Location
    Auckland
    Posts
    3,115

    Default

    Quote Originally Posted by Zaphod View Post
    That could spell the end for Snapper entirely as a transport payment mechanism, given the NZTA will use the Thales system as the backbone for a nationwide ticketing system. Operators or Councils (depending upon the contract model used) will be able to choose the equipment used on vehicles, but it must integrate with the Thales-based system.
    As far as expansion, I would agree though there is still the possibly that they could integrate into the Thales system down the line (I just dont see it happening on launch which will be fatal for Snapper re the Auckland network). As far as wellington, they will continue to operate on their fleet down there and as I say, depending on when they move to integrated ticketing, may be able to integrate. They must hold a resonable float and they are/have expanded it much wider than just buses - into taxis, shops, (is parking implemented??) etc.
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  4. #1074
    Senior Member
    Join Date
    Jun 2005
    Location
    , , .
    Posts
    1,324

    Default

    Quote Originally Posted by CJ View Post
    As far as expansion, I would agree though there is still the possibly that they could integrate into the Thales system down the line (I just dont see it happening on launch which will be fatal for Snapper re the Auckland network). As far as wellington, they will continue to operate on their fleet down there and as I say, depending on when they move to integrated ticketing, may be able to integrate. They must hold a resonable float and they are/have expanded it much wider than just buses - into taxis, shops, (is parking implemented??) etc.
    Remember that Snapper is set to lose access to a sizable portion of the float post Thales implementation, as HOP card top-ups will shortly reside with Auckland Transport, who will use the interest gained from this sizable investment - which I understand to be around the $10M mark at any given time in Auckland - to improve the public transport network.

    Worse yet, the Thales based system is set to become the NZTA's national standard, with the long-term vision being one card that will work on any public transport service throughout the country. Of course a Government department's ability to deliver on that sort of vision is somewhat chequered, so whether this is achieved is another story.

    We are also seeing an increasing number of banks and credit card companies establish their own off-transport payment systems (e.g. Visa Paywave), and given their already established userbase, could remove one of the last remaining advantages of the system. Why have a Snapper card when you can have a HOP card and a Visa/Mastercard?

  5. #1075
    Guru
    Join Date
    Feb 2005
    Location
    Auckland
    Posts
    3,115

    Default

    Zaphod - I said there is a possibility they can hook into the Thales system if given enough time. They have to figure out whether they think they can or just kill this business quickly taking what extra money they can as it winds down.
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  6. #1076
    Senior Member
    Join Date
    Jun 2005
    Location
    , , .
    Posts
    1,324

    Default

    Quote Originally Posted by CJ View Post
    Zaphod - I said there is a possibility they can hook into the Thales system if given enough time. They have to figure out whether they think they can or just kill this business quickly taking what extra money they can as it winds down.
    Yes, I agree the possibility is still there and let's hope they don’t miss it, but I wonder whether given the lack of a float and competition from other payment providers in the off-transport space, there is still a business there even if they do hook into the Thales system?

  7. #1077
    Guru
    Join Date
    Feb 2005
    Location
    Auckland
    Posts
    3,115

    Default

    Agree - Snapper is out of Auckland (just a matter of waiting for it to be offical really) so they should be thinking about winddown and milking what they have for as much as they can get on a skelaton staff/expenses.
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  8. #1078
    Guru
    Join Date
    Feb 2005
    Location
    Auckland
    Posts
    3,115

    Default

    Snappers out. AT finally announced: http://www.aucklandtransport.govt.nz...ticketing.aspx

    AT stuffed this one up royally costing lots of people lots of money.
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  9. #1079
    Guru
    Join Date
    Feb 2005
    Location
    Auckland
    Posts
    3,115

    Default

    http://www.telegraph.co.uk/finance/n...d-airport.html

    Telegraph suggests IFT, with the NZ Super fund is bidding for Stanstead. Hard to say if this would be good for IFT as it comes down to price. The airport is very busy but reliant on one airline.

    I was more of a Heathrow person while I was in London - far too many issues with the cheap airlines to rely on using them for quick trips.
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  10. #1080
    Advanced Member
    Join Date
    Oct 2001
    Location
    chch, , New Zealand.
    Posts
    2,494

    Default

    Quote Originally Posted by CJ View Post
    http://www.telegraph.co.uk/finance/n...d-airport.html

    Telegraph suggests IFT, with the NZ Super fund is bidding for Stanstead. Hard to say if this would be good for IFT as it comes down to price. The airport is very busy but reliant on one airline.

    I was more of a Heathrow person while I was in London - far too many issues with the cheap airlines to rely on using them for quick trips.
    How anyone could like Heathrow is beyond me. I fly to schipol , then take a flybe flight to Exeter , just so i can avoid going to Heathrow

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •