Earlier quoted context omitted.
Why? Transport for London is close, if not past, covering operational (and some, but not all, very significant capital) expenditure from fares, property and advertising revenue. MTR in Hong Kong also is profitable, as I believe many Japanese networks are. Being run entirely from fares means you are not at the whim of politicians for subsidies and grants that can change overnight with an election, which makes it very…
I think the conclusion from this sub-thread is that the London subway is insanely expensive compared to most of the rest of the world. There might be local reasons that afford it such price gouging power, like the lack of any reasonable transport alternative and the nature of London's road infrastructure, congestion and parking fees etc. A fee increase to that level in other cities might have the opposite effect of r…
It's also worth noting buses are much cheaper than the tube and quite accessible compared to a lot of places, though much slower.