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This paper investigates the transport policy development and characteristics of the Austrian passenger transport sector from the 1950s onwards. The analysed performance indicators deal with the three most prevalent modes of transport (cars, trains and airplanes) and are linked to independent decision-making units (passengers) and their motives (price, quality and time to destination) as well as to goals and decisions involved in government policies. In this theoretical framework, we identified three developmental phases, using an interdisciplinary approach to assess the development of three variables of interest (number of car, air and train passengers). In the long term, transport policy aimed to solve the rigidity and lack of vision in train transport and the extensive use of cars. Air transport was a steadily growing segment in a close and positive relationship with trains, which is in line with the transport political orientation towards Vienna Airport and train connections to the capital city. The post-war phase (1945–1970) was characterised by enormous growth in the number of cars, an upswing in air transport and stagnant train transport. The second phase (1970–1994) was defined by a progressive liberalisation of rail transport and a plan to balance the growth rates of car, train and airplane performance variables. Finally, in the 1995–2019 phase, the growth in train transport increased; however, this growth remained far below the growth rates of air and car performance variables. Transport policy achievements and shortcomings for future research are suggested.