Hi sgbuses, fare hike is always expected. However it is not
really up to the claim of $4.20 which you stated previously.
Cheers. Thanks.
they are going to lose 800 million a year on bus operations. so
let say they need to recover 50% of that .. it will be 400
million..
4mil bus passengers every day x 365 days = 1.46 billion
passengers trips per year.
400 mil / 1.46 billion = 0.27..
so need to increase average $0.27/TRIP to cover 400 million...
but problem is that many of the trips are transfer trips (which we
are paying $0.05 or $0.10),,so definitely have to increase more to
cover...
first of all, i think they have to increase price for City
Direct... these CDs are losing big money everyday....