$7 million would have been a 40% equity in a fleet of 6 modern 100 passenger fast cat ferries. At the current passenger load and fares the outside debt would be paid off and equity paid back to the government in less than 6 years.
If the existing ferry services formed a co-operative: Would require no operating subsidies. Would reduce maintenance cost and out of service hours. Would allow close coordination between companies to insure schedules were strictly maintained. A revenue scheme which pays a base for each run plus a load factor would end cancellations due to low demand. A centeralized reservation system would eliminate customer confusion and insure passage on the next available run. A reliable schedule would increase customer confidence and satisfaction.
Travel is fatal to prejudice, bigotry, and narrow-mindedness, and many of our people need it sorely on these accounts. - Mark Twain
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