Melbourne SkyBus gone up again

[aikman]

Private equity has acquired Skybus. More price rises to come?

 

[markis10]

Private equity has acquired Skybus. More price rises to come?

TPG have bought out OPT and foresight reduced holding making them 70% owner of Kinetic the parent company. Skybus is a small portion of that.

 

[simmomelb]

TPG have bought out OPT and foresight reduced holding making them 70% owner of Kinetic the parent company. Skybus is a small portion of that.

It's funny, I was talking to a family of 4 the other day, leaving the airport, they were off to get Skybus to the CBD, I informed them of the current price to the CBD with Didi and saved them around 50%
It's amazing that people automatically feel a bus would be cheaper and don't even think about alternative options.
Skybus pricing really can't increase more than what it is now; it has become so expensive that much of the time it's only worth catching, financially, if you are a solo traveller (depending on your final destination).

 

[AustraliaPoochie]

They might cut the 3 non core activities, ie, put it all back just to Melbourne CBD only.
===
$4b is still quite cheap, at the going rate of $25 odd one way, yes, I know there are discounts, but lets just say, $25 one way, they would easily recoup it back in say 5/10 years, if they get electric buses, with double battery capability, cut the non core out, get bendy buses instead of double deckers, ...

 

[simmomelb]

They might cut the 3 non core activities, ie, put it all back just to Melbourne CBD only.
===
$4b is still quite cheap, at the going rate of $25 odd one way, yes, I know there are discounts, but lets just say, $25 one way, they would easily recoup it back in say 5/10 years,

Hold on to the side of your chairs....By then, the airport train will be operating, surely