The Thaiger
CP-linked firm wants 240m baht, no legal action to keep Airport Link running
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The State Railway of Thailand (SRT) rejected four conditions proposed by CP Group-affiliated Asia Era One for extending Airport Rail Link operations, but plans to resolve the issue before the end of September. The railway authority said it would ensure the service remains available after the current contract ends.
Key facts
- The State Railway of Thailand (SRT) rejected four conditions proposed by CP Group-affiliated Asia Era One for extending Airport Rail Link operations, but plans to resolve the issue before the end of September
- Asia Era One, the private contractor responsible for the three-airport high-speed rail project, sought to terminate its contract in July and expected the termination to be approved by the end of September.
- After consulting its parent company, Asia Era One submitted four conditions to the SRT yesterday, September 10.
- He said the requested 240 million baht subsidy was a figure proposed by the private company.
Summary
Asia Era One, the private contractor responsible for the three-airport high-speed rail project, sought to terminate its contract in July and expected the termination to be approved by the end of September.
Under the company’s plan, Airport Rail Link, as part of the project, would end operations immediately when the contract is terminated.