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Friday, 29th August 2008

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Funding delays leave hovercraft plans up in the air



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THE introduction of a hovercraft service across the Forth is set to be delayed until 2009 by discussions over a funding shortfall.
Transport firm Stagecoach has been looking to secure public money to help it launch a route between Leith and Kirkcaldy. The firm had hoped to introduce the new service before the end of the year after a successful trial last summer.

But the scheme has now been delayed as the company is still locked in talks with various transport bodies over funding. Stagecoach now hopes to begin operating the crossing in 2009, if it secures financial backing.

A Stagecoach spokesman said: "We have been looking for information about the process going forward and, as a result, it would be into 2009 before a service can go on the water.

"Everything needs to work in partnership to make this kind of project a reality and there are areas which we are waiting to hear back on."

A two-week trial of the service, in July last year, was used by about 32,000 people.

In October, Stagecoach unveiled proposals for a regular Leith-Kirkcaldy service with investment from the company of £10.3m, but requiring a public sector subsidy of £3.3m for the first three years.





The full article contains 217 words and appears in Edinburgh Evening News newspaper.
Page 1 of 1

 
1

Yanos,

Musselburgh 19/02/2008 12:51:10
What a surprise - a sensible public transport idea being held up by red tape instead of being actively encouraged.
2

alex paterson,

embra 19/02/2008 12:54:23
This a pity it was a great crossing and most enjoyable.
3

Duncan in Edinburgh,

19/02/2008 13:40:40
#1 It's not being held up by red tape - Stagecoach want to secure public funding of £3.3m to underpin the costs. The public bodies concerned quite rightly don't want to end up providing Stagecoach's profit.

So to blame red tape is disingenuous.
4

Dan McLean,

E Lothian 19/02/2008 18:30:11
So we (the tax payers)are expected to pay £3.3M to enable the fat cat shareholders who own Stagecoach to get richer. If Stagecoach wont do it without our money then let a company in who will do it off their own back.
5

dave yae fife,

19/02/2008 18:57:05
Not the whole story here, the company is not going to spend anymore money on this project until the politics is sorted out. The Laird from comnock is using the S word. Do these clowns want to stop all development in scotland.
6

gggrumpy,

19/02/2008 23:54:45
As long as the massive catapult operating between Shandwick Place and Waterloo Place gets the go ahead we will have some chance of getting from one side of town to tother.

 

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