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
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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
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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.
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UPDATED: Infratil’s bus unit loses South Auckland contract
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