At the beginning of the 1960s large scale investment was needed, so in 1963 passenger traffic was stopped and replaced by post office buses.
In 1977 the Austrian Society for Local Railways (ÖGLB) was created, and in 1979 began operating passenger trips for tourists on weekends in the summer.
The original operator of the railway, Payerbach Hirschwang GmbH, is still in existence and the legal owner.
These cars were very generously dimensioned and at that time were the largest narrow gauge vehicles of Austria.
In the 1970s the condition of the electrical equipment deteriorated, two ex-army Feldbahn diesel locomotives of the type HF 130 C were acquired.
In 1990 the ÖGLB took over operation of the Ybbstal Railway "mountain line" and transferred the large steam locomotives there.