Transport for London explains plans to get buses back on right road
Leaders of the mayor’s transport team say they can liberate a key public transport service from costly road traffic congestion
How do you make more money out of a public transport service that people have begun using less while not putting up fares? This conundrum was explored during Wednesday’s meeting of the London Assembly budget and performance committee, which probed Transport for London’s budget for 2017-18. The service in question was the bus service, which has lately seen a fall in passenger numbers following many years of vigorous growth. Intelligent probes were launched. Interesting responses ensued.
The basic problem is worsening congestion, which has been slowing the time bus journeys take and putting people off using them. That is a bad thing because when buses move freely and reliably they convey large numbers of people very efficiently and bring in large amounts of money that TfL badly needs, especially when its reliance on income from fares is increasing. At the same time, London mayor Sadiq Khan has pledged to freeze TfL fares for four years and introduced a new bus fare, the hopper, which enables two different buses to be taken for the price of one within a 60 minute period. This is already causing TfL to forego revenue it would otherwise have gathered.
Source: Guardian Transport