Like Tree132Likes

East Rail train derailed

Closed Thread
Page 9 of 11 FirstFirst ... 6 7 8 9 10 11 LastLast
  1. #81

    Join Date
    Nov 2005
    Location
    Cramped island
    Posts
    5,585
    Quote Originally Posted by East_coast:
    No. You separate rail based from rolling stock based operations. Think of the Swedish model that the MTR has successfully entered. I am sure you'll find reasons why this trend would never work in Hong Kong where it is actually working already. Look up "Trainy McTrainface"



    Their are two owners of rail lines and 2 providers of rail services on each.
    Dont think MTR is enjoying that robust business in Sweden.

    Pg 33 >> https://www.mtr.com.hk/archive/corpo...8/EMTRAR18.pdf

    "Despite some improvement during the second half of the
    year, 2018 was very challenging operationally and financially
    for MTR Pendeltågen AB. Issues relating to a nationwide lack
    of drivers and train availability and maintenance, as well as
    a new, more complex timetable introduced in combination
    with poorly performing infrastructure that is under the control
    of a third party
    , led to higher operating costs and significant
    penalties relating to punctuality and customer satisfaction. As
    a result, a material loss was incurred in 2018."

    pitfall for using a 2 party model in operation and asset maintenance/replacement... who to take which part of the blame ?


    If you are referring to KCRC and MTR.. unfortunately KCRC was run at a loss for too many years that's why the running of the line has been transferred to MTR, inclusive of the replacement of assets.

  2. #82

    Join Date
    Jan 2008
    Posts
    11,711

    I wonder how sucessful is the MTR running London's crossrail?


  3. #83

    Join Date
    Nov 2005
    Location
    Cramped island
    Posts
    5,585
    Quote Originally Posted by Coolboy:
    Well, I don't entirely agree that MTR is not really profitable. Maybe not as profitable as other listed companies in other sectors, but in terms of the metro industry, it certainly performs better on the balance sheet.

    And the railway side of MTR has high risks? Not in the context of HK. It is an essential service, a backbone of the public transport system. Given the low ownership of cars, commuters rely on the subway in HK to a greater extent than other comparable cities with a metro system. There is a guarantee of high volume of commuters using the metro everyday. Operational cost may be high in some cases, but MTR is not short of money to cover that.
    Aren't you conflicting ? on the one hand you are saying that MTR should break the property business out and just focus on metro. Then you are saying that MTR will have lots of cash to burn in the event business in the metro side is not doing well ? where does the money come from if the property are not generating the income ?

  4. #84

    Join Date
    Dec 2003
    Posts
    3,772

    As one would expect the propaganda machine desperately needs to spin the story:

    https://twitter.com/aaronMCN/status/1174136383062994944


  5. #85

    Join Date
    Aug 2006
    Posts
    11,884
    Quote Originally Posted by imparanoic:
    Amazingly, MTR has resumed slightly limited service from mong Kok East to hung hom within 24 hours, praises to the dedicated MTR engineering working flat out yesterday and this morning to get the service up and running.
    Reduced speeds, or are the trains running at normal speeds?

  6. #86

    Join Date
    Jun 2019
    Posts
    7,463
    Quote Originally Posted by freeier:
    Aren't you conflicting ? on the one hand you are saying that MTR should break the property business out and just focus on metro. Then you are saying that MTR will have lots of cash to burn in the event business in the metro side is not doing well ? where does the money come from if the property are not generating the income ?
    I did not say that. I said the MTR need to reflect on its management practice and business model. Not separating property and rail necessarily.
    Last edited by Coolboy; 18-09-2019 at 10:47 AM.

  7. #87

    Join Date
    Jun 2019
    Posts
    7,463
    Quote Originally Posted by imparanoic:
    Amazingly, MTR has resumed slightly limited service from mong Kok East to hung hom within 24 hours, praises to the dedicated MTR engineering working flat out yesterday and this morning to get the service up and running.
    MTR still retains good engineers and frontline staff, I agree, hats off to them. Their management on the other hand, hmmm...
    imparanoic likes this.

  8. #88

    Join Date
    Jan 2008
    Posts
    11,711
    Quote Originally Posted by jgl:
    Reduced speeds, or are the trains running at normal speeds?
    from lo wu/ lok ma chau, 50% of trains terminus is at MK east, 50% of trains terminus is at Hung hom, as they are using single track, thus, limited frequency around 6-7 mins for trains from hung hom
    Last edited by shri; 18-09-2019 at 11:39 AM.

  9. #89

    Join Date
    Jan 2008
    Posts
    11,711
    Quote Originally Posted by Coolboy:
    MTR still retains good engineers and frontline staff, I agree, hats off to them. Their management on the other hand, hmmm...
    considering how the price of the actual mtr is affordable (relatively, few people will argue), yes, it's questionable that subsided the MTR cost from the property rent from malls (usually MTR malls have decent parking saving schemes unlike some of the other oligopolistic malls) and residential property.

    It would be interesting how Cross Rail in London is run by the MTR, assuming that it would be significantly more expensive to use than HK due to lack of subsidy from property, but will it be as expensive as the Tube?

  10. #90

    Join Date
    Aug 2008
    Location
    猴山
    Posts
    23,652
    Quote Originally Posted by freeier:
    Dont think MTR is enjoying that robust business in Sweden.
    The passengers are benefitting. Franchises can be given up or withdrawn, broken up etc. The focus should be the on-going benefits for the passengers not optimising the rent seeking activities of monopolies
    Coolboy likes this.

Closed Thread
Page 9 of 11 FirstFirst ... 6 7 8 9 10 11 LastLast