12-761: The Airport Link Company (AirportLink Pty Ltd) is the operator of the Green Square , Mascot , Domestic Airport and International Airport railway stations on the Airport Link tunnel in Sydney , Australia. The line is serviced by T8 Airport & South Line services of the Sydney Trains network. The company has a 30 year public private partnership to operate the stations, running until 2030. In July 1994, Australian investment company Transfield Holdings and French construction company Bouygues formed
24-651: A surcharge fare for passengers who use the stations. Construction began in February 1995, with the tunnel and the Airport Link stations opening on 21 May 2000. In 2001, the Airport Link Company was placed in receivership after defaulting on its finance arrangements, with patronage figures only one quarter of forecasted figures, exposing the government to costs of around A$ 800 million . State Rail blamed "lower than expected patronage" and stated it
36-519: Is a small inner southern suburb of Sydney, Australia. Beaconsfield is located 5 kilometres south of the Sydney central business district and is part of the local government area of the City of Sydney . The postcode is 2015. Beaconsfield has a mixture of industrial and medium to high density residential areas. Beaconsfield is part of the Green Square district which is currently undergoing gentrification . This involves an urban renewal project that
48-1122: Is constructing modern retail, business and residential developments. The suburb was named after Benjamin Disraeli , Lord Beaconsfield, a British prime minister during the reign of Queen Victoria . The area was part of the suburb of Alexandria and was officially gazetted on 10 June 1977. At the 2021 census , 1,172 people were living in Beaconsfield, compared to 987 people in 2016. 59.8% of residents were born in Australia. The most common other countries of birth were England (3.8%), Indonesia (3.3%), New Zealand (2.9%), Hong Kong (1.9%) and China (excludes SARs (1.8%)). 70.5% of residents spoke only English at home. Other languages spoken at home included Cantonese (3.8%), Mandarin (2.9%), Indonesian (2.6%), Spanish (2.0%) and French (1.8%). The most common responses for religious affiliation were no religion (51.0%), Catholic (19.8%), Anglican (5.5%) and Buddhist (2.8%). The nearest train station to Beaconsfield
60-599: The Airport line opened from Central to Wolli Creek . Like other stations on the line, Green Square was built and is operated by the Airport Link Company as part of a public–private partnership . Prior to March 2011, passengers were required to pay an access fee to use the station. The access fee was removed after the State Government reached an agreement with the Airport Link Company to pay
72-461: The Airport Link Company, which signed a public private partnership (PPP) with the Government of New South Wales to build and operate Airport Link – an extension of the Sydney Trains network to Sydney Airport . As part of the agreement, Airport Link Company would construct the tunnels and the stations, before operating them over a period of 30 years – paying back the construction cost with
84-505: The fee at Green Square and Mascot stations on behalf of passengers. Patronage increased by around 70% at the two stations in the months following the removal of the fee. From 2014 to 2017, patronage was growing at an annual rate of around 25 percent, leading to overcrowding at peak times. Green Square station featured in the music video clip for Marvin Priest 's " Own This Club ". Beaconsfield, New South Wales Beaconsfield
96-543: The government now pays the company a 'shadow' station usage fee at a fixed contracted rate of approximately $ 2.08 per entry and exit of these stations. A fee remains in place for Domestic and International stations. Patronage on the link had been growing at 20% per year, but between March and June 2011 patronage increased by 70% as a result of the reduced fares. In 2013, Universities Superannuation Scheme (USS) bought 49.9% of Airport Link Company from Hastings Funds Management -managed Westpac Essential Services Trust, adding to
108-566: The infrastructure will belong to the NSW Government . Green Square railway station Staffed: 5am-11.30pm Green Square railway station is located on the Airport line in the locality of Green Square . The station is situated at a five-way intersection which is the meeting point of the four Sydney suburbs, Alexandria , Zetland , Waterloo and Beaconsfield . It is served by Sydney Trains ' T8 Airport & South Line services. Green Square station opened on 21 May 2000 when
120-625: The stake it already owned. As a result, USS took control of the Airport Link Company. Although often perceived as all going to the Airport Link Company, under the revenue sharing agreement, from August 2014 85% of revenues raised by the access fee go to the State Government. From 2015 to 2018, the Government of New South Wales received the total net revenue amount of $ 197.6 million from the station access fee. The 30-year public–private partnership will end on 20 May 2030, at which point
132-412: Was purchased by Westpac . In 2009, the business made a profit of A$ 5.8 million which increased to A$ 9.3 million in 2010. In March 2011, it was announced that the Government of New South Wales would cover the cost of the station access fee at Green Square and Mascot stations, meaning that passengers no longer need to pay a surcharge to access these stations. To compensate Airport Link Company,
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#1732787732866144-411: Was working with the company to increase it. In October 2005, the Government and the company signed a revised agreement on revenue and patronage, settling the latter's claims against the former. The Government paid A$ 34 million to the company, with another A$ 73 million due as CityRail earns revenue from Airport Line business. The Airport Link Company was put up for sale in early 2006, and
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