but based on FY09/10, it's going to be a big hole
Ridership is only 29,000 to 30,000 (5260 passengers/ km) vs
NEL's 140,000 (7000 passengers/ km) during it's starting years
unless CCL1 & CCL2 starts ops next year
but I still remembered e SMRT CEO made a remark abt taking over
e NEL when it was loss making
Hmm... I feel they willl certainly make a loss during the first
2 to 3 years. As for whether they continue to make further
losses in the upcoming years.... that's unpredictable.
Perhaps, now it's the beginning stage and not many popular
landmarks are in the vincinity of the new stations...
hence ridership is kinda low during this period of
time.
