Kingston Flyer

Future of Kingston Flyer may be resolved after meetings this week

Future of Kingston Flyer may be resolved after meetings this week

The future of the historic Kingston Flyer steam train may be known this week as meetings take place in Dunedin this morning with rail regulators of Land Transport New Zealand (LTNZ).

US interest still in Flyer

US interest still in Flyer

A possible buyer of the Kingston Flyer is "keeping a close eye" on developments as negotiations continue between Kingston Development Ltd and finance company Prudential Mortgage.

Kingston Flyer sale still being negotiated

Kingston Flyer sale still being negotiated

The Kingston Flyer tourist train may be back on the market after the pending sale reportedly stalled because of a disagreement over land.

Secrecy still surrounds sale of Kingston Flyer

The sale of the Kingston Flyer appears to be edging closer to fruition - and perhaps the announcement of the new owner - with veteran manager of the vintage railway Russell Glendinning in Wellington yesterday acquiring operating licences from the New Zealand Transport Authority.

Railmark still committed despite losing bid for Flyer

Railmark still committed despite losing bid for Flyer

While the reported sale of the mothballed Kingston Flyer to another buyer has put a damper on United States rail consortium Railmark's ambitious plans for a Queenstown-based tourism hub, it has not dented its commitment to other New Zealand rail projects.

Historic train for auction

Historic train for auction

Mortgagees have listed the historic Kingston Flyer steam locomotive including passenger cars, a station and a tavern for sale on an online auction site.

Consortium close to deal on Flyer

Consortium close to deal on Flyer

The chief executive of Railmark - a United States-based global rail consortium interested in buying the mothballed Kingston Flyer - says he can take the 126-year-old vintage steam train "to the next level".

Ownership fears for Flyer

Ownership fears for Flyer

A lobbyist trying to rally political support to buy the 125-year-old Kingston Flyer vintage steam train is worried it will end up in the hands of foreign owners who are trying to "sidestep" Overseas Investment Office regulations.

Future of tavern hangs in balance

Future of tavern hangs in balance

The future of the Kingston Tavern remains unclear, as the township's pub is tied up in the receivership of the Kingston Flyer operation.

No acceptable tenders for Kingston Flyer

Seven months after it was put up for sale by international tender, the Kingston Flyer steam train still has no buyer.

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