1. A fleet that is 3 times as small, but produced a loss of
nearly 6 times in absolute terms more implies a staggering loss
that is 18 times more per bus compared to SBST.
Clearly it is not just demand factors that have reduced the
profit margin. Cost of running a single bus MUST BE more than SBST.
Fully understandable from the POV of scale economics. Nuff
said.
2. So as svc_238 rightly points out, demand in SMRT region isn't
as high across the board.
I shall take this chance to suan the other people who constantly
talked about "packed bendies". They aren't wrong in the little
regions they live in. But it is exceedly clear that the
cross-subsidisation effect for these pockets of services weren't
enough to cover for the bleeding services.
The implicit suggestion in svc_238's argument is for SMRT to
reach into areas of higher demand.
Now......
You tell me how to do that with bendies?
Essentially a number of fan-boys here are amazing short-sighted
obviously.
Again.
SMRT needs to do something about its fleet now.
SMRT knows it too.
But they haven't done it.
Not when their trains and shops make money to cover these
losses.