Transrapid secures financing, building to go ahead

117 posts in this topic

Tartan, IF it gets built, it's not going to be a project the public can invest in directly, only through DB shares or government bonds.

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Your kidding right? You must have some good deal seeing as of 24 May 2006 they were still £6.2bn in Debt. - Link

As of 21 May 2007 they are still £6.2bn in Debt, are currently operating under a "safeguard procedure" which is the French version of bankruptcy protection. and are facing emminent bankruptcy. If there current Debt restructuring plans don't go thru, their screwed. - Link

In 20 years time when they have replaced the current technology with room temperature superconductors you will all be sorry you did not invest. I made a fortune on the Channel tunnel due to it's huge financial success, another sure thing investment.
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Yes, you were were correct. I would rather put my money (given a chance that is, but even if I wanted to I would be prevented from investing by the socialists who would call me a locust, bloody idiots) in a Northern Rock account.

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I've been on the Maglevs at Gatwick and in Berlin and over those short distances there was no appreciable difference between those and an ordinary train. From what I've read the materials technologies still do not make this train viable, unless the government carries it with tax breaks until they can flog enough of them overseas.

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I find it pretty shameful that they are withholding the true cost of this project from the public. Their €1.85 bn figure is three years out of date. The Merkur went as far as to dismiss the Express S-Bahn project because the latest figures put it at €1 bn. The Transrapid project will surely be three or four times that by the time they actually start building.

I really do understand why Germany is so keen to build this, but it is unfair for them to force their showpiece project onto Munich. The Maglev will be of NO USE to most people most of the time. €2 bn spent on trains, buses and trams would revolutionise public transport in Munich and beyond and benefit all of the people all of the time. Screw them and their stupid white elephant.

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Stoiber must be getting some backhanded money on this one, cause it just makes no sense. During the world cup, they ran some express S-Bahns to the airport, and if I remember correctly they took 22 minutes, and stopped at 4 key stations on the way. No one gives a shit whether their train takes 10 minutes or 22 minutes. I agree that at the moment, it's a pain in the ass and takes too long, but the answer to this is not this expensive project, they should just run express trains.

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but it is unfair for them to force their showpiece project onto Munich.

Well the other two possibilities didn't get off the ground.

I think when it was still SPD controlled the government of NRW declined to have itlinking Cologne and Düsseldorf and the only way they could have justified having it between Hamburg and Berlin was by continuing to keep normaltrains slower than the 1930s. And you'd have had 3 states to deal with as well.

Fra better to push it throgh in an almost one party state like Bavaria that has a comlicit media.

And Stoiber, the man who thinks that the cockerel on the misthaufen crows for him every morning (Renate Schmidt) get his mausoleum.

I'm chucking now at Stoiber's messed up airports rede that everyone has heard on YouTube I guess. :lol:

You are basicly right Hutcho, an express S Bahn to the airport would take about 20 odd minutes by stopping at all central stations and then just key interchanges.

Stoiber is not taking an evelope full of used fivers but given the MASSIVE backhander this represenets to industrial interests I think it is fairly likely he will get some nice part time job on the board of some companies, SELBSTVERSTÄNDLICH after a decent waiting period.

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I know this has been mentioned before, but how much is this going to cost again per ride?

Right now it's about €8 and takes around 40 minutes, and with the Transrapid?

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For JW:

Old S Bahn: 40 Minutes € 8

Express S Bahn 20 Minutes € 8

Transrapid: 10-15 Minutes €20

Transrapid runs from HBF only, tickets valid to and from Hbf only.

S bahn stops at all central stations, ticket valid to any MVV destination.

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Stupid thing is who is going to use it? Considering alot of Munich businessmen drive there anyway or spend the extra time on the S8 working (the joys of mobile communications) this is a pure tourist thing.

I can still drive quicker to the airport from the Würmtal than do the S-bahn change at Hbf and wait on a platform etc etc. And sadder to say, even with today's petrol costs it's cheaper to do so.

The technology is old, the use is doubtful and the benefits are not there at all.

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Public transport projects have to go through a kosten/nutzen analysis (I forget the term in English sorry).

The only way they can justify it is by playing down the cost and playing up the benefit ie the time it will take and the number of passengers.

DB/Stoiber/Industry and doing the same the other way round with the Express S Bahn Concept, playing up the cost and down the benefit.

Quite simply the Transrapid is going to cost too much for marginal returns on investment.

But Stoiber has his heart set on it and industry and desperate to get their hands on our money.

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@ Gideon, yeah, there's a fair number of people on here who fly for work and I don't remember anyone saying a lot of people at their work would use it.

And of course, a lot of us fly for pleasure as well and i don't think we'd use it then either.

DB put out a leaflet a few weeks ago that said journey times would also come down for people all over the MVV network to the airport.

But if I understood it correctly, they were applying it to pure journey times. ie not really valid.

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MT what will be the frequency? There's no point labbering on about 20 mins to the airport when I have to make sure I get there 30 mins early in order to plod through the station up from the S-bahn and then all the way to the TR platform and give myself enough puffer to fight of millions of fool hardy tourists with large rucksacks.

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Gids, if I understand it, the frequency will be something like every 10-15 minutes.

But you have pretty much put your finger on it, the interchange time at HBF between the S Bahn (or U Bahn) and the TR now will take you time and for U Bahn passengers longer than it does now.

If you are a U3 or U6 passenger even longer as the TR will ONLY run from Hbf, not Marienplatz.

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How can one man (Stoiber) have this much control over something this big? Why do the people of Munich/Bavaria not get to vote on it? If the people want it AND they have the funding, then they can go ahead with it. OK, maybe I'm just too naive. I'm just sick of the gov't spending MY hard earned money on completely useless things!

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How can one man (Stoiber) have this much control over something this big?

It's a one party state and the man has an ego the size of the heavans.

Why do the people of Munich/Bavaria not get to vote on it?

The CSU hates referenda.

If the people want it AND they have the funding, then they can go ahead with it.

Trouble is, they are lying about the costs and the funding and have done from the beginning.

This is a scam to spend your money and my money on a white elephant.

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A great piece of wit from a German colleague...

"Why build it now? Why not wait 4 years and get the Chinese to build for half the costs?"

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People of Munich, we - the People of Berlin - offer our deepest-felt condolences to your plight. We too have shaken off the spectre of a transrapid line threatening to replace saner methods of transport (although we have never experienced anyone quite like Stoiber), and we offer our moral support in your fight against this levitating humdinger of a pork barrel.

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