Hong Kong makes 2 billion a year on public transportation. They did that by giving the land around the station to the transportation agency, so they lease it out long term, and that pays for all the trains and operations. They charge a token fee for using public transportation. I'd prefer to see real public support, rather than a business/profit justification for lower fares, but in the current greed-valued world I'l…
makes 2 billion a year on public transportation No, they make money on real estate to offset their losses on transit.
Paris Will Make Public Transportation Free for Kids
131–140 of 236 posts
Re: Paris Will Make Public Transportation Free for Kids
#132Why not make it just free for everybody? Public transportation typically has profit margins of -50% to -90% anyway... just take it to -100% and get a huge boost in ridership! (And probably save some expenses relating to collecting payment/enforcement.)
Re: Paris Will Make Public Transportation Free for Kids
#133Why not make it just free for everybody? Public transportation typically has profit margins of -50% to -90% anyway... just take it to -100% and get a huge boost in ridership! (And probably save some expenses relating to collecting payment/enforcement.)
Except a boost in ridership is absolutely not what you’d want in an overpopulated city like Paris. Subway is so bad i’ve already witnessed people waiting for trains from outside the station itself. in the peak hours you often have to skip two or three trains because they’re packed.
Re: Paris Will Make Public Transportation Free for Kids
#134In Slovakia trains are free for students and seniors. [0] Most people see this very negatively. [0] https://www.slovakrail.sk/en/zero-fare.html
In Istanbul public transportation is free for people older than 65, and also for disabled people. For students between 7 and 30 years it is cheaper; 41% of normal price.
Re: Paris Will Make Public Transportation Free for Kids
#135Earlier quoted context omitted.
Estonia did just that: https://www.weforum.org/agenda/2018/06/estonia-is-making-pub...
must be nice to live in a country that's not even have half the size of Washington state and has a smaller population than one county (King, to be specific, has more than two million if I remember) in it.
Re: Paris Will Make Public Transportation Free for Kids
#136This is a bad idea: The ticket price will raise for everyone else or the taxes, remember "there is no free rides"
Yeah, God forbid anybody pays an extra Euro per ride to provide kids with some freedom of travel in their city.
Re: Paris Will Make Public Transportation Free for Kids
#137Why not make it just free for everybody? Public transportation typically has profit margins of -50% to -90% anyway... just take it to -100% and get a huge boost in ridership! (And probably save some expenses relating to collecting payment/enforcement.)
They do for free but raise the taxes to cover the -100%, there is no free lunch buddy.
Re: Paris Will Make Public Transportation Free for Kids
#138Earlier quoted context omitted.
I have spent a couple of nights in locked metro stations myself : before locking, they just warn that they're going to lock. Whoever's still inside is locked in until morning, but there's no kicking out.
Using subway stations as shelters during off peak hours is a masterstroke of efficient infrastructure. Every city should do that.
Re: Paris Will Make Public Transportation Free for Kids
#139Why not make it just free for everybody? Public transportation typically has profit margins of -50% to -90% anyway... just take it to -100% and get a huge boost in ridership! (And probably save some expenses relating to collecting payment/enforcement.)
s/free/paid for by the taxpayer
Re: Paris Will Make Public Transportation Free for Kids
#140Earlier quoted context omitted.
makes 2 billion a year on public transportation No, they make money on real estate to offset their losses on transit.
Actually, no. The MTR’s farebox recovery is over 100%. They make a profit on fares and make even more money on real estate.