Wellington Cable Car - Ownership

Ownership

The Cable Car is owned and operated by Wellington Cable Car Ltd, owned by Wellington City Council. Wellington Cable Car Ltd also owns the overhead wires for Wellington's trolleybuses. Operation was contracted out to Australian company Transfield Services until early 2007, when it was brought back inhouse. Wellington Cable Car Ltd is responsible for all operations of the Cable Car, including the maintenance of cars and track, employing drivers, selling tickets and providing customer service. Unlike buses and trains, the Cable Car does not receive a subsidy, and is profitable.

Read more about this topic:  Wellington Cable Car

Famous quotes containing the word ownership:

    They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.
    —Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)