SURPRISE, SURPRISE! Bus Ridership Down in London…

January 30, 2010 at 12:56 pm Leave a comment

London transit ridership dropped by more than two million in 2009, a loss of fare revenue worth about $3.1 million, a report to the transit commission states.

London Transit Commission head Larry Ducharme is making his pitch for the transit operating budget on the heels of a 29-day strike that dealt a big blow to revenues.

But the return of buses to the streets of London after the strike hasn’t translated into more riders — about 40,000 less people are using the bus in the first two weeks of January 2010 than were using the bus in the first two weeks of 2009.

Although ridership was going up in in 2008 and 2009, it fell, mainly because of the strike and because of the faltering economy, the report, which the commission will discuss on Wednesday, says.

Among the other findings in the report, which looks at the 2009 operating year:

  • Total annual ridership was 10% lower than predicted. That’s about 2.1 million less riders.
  • Between January and October, ridership exceeded projections by 1.5%
  • In November and December, the period of the strike, ridership was down by 2.4 million — mainly because buses weren’t running.
  • The loss of 2.1 million riders translates into a fare revenue loss of $3.1 million
  • The loss of 2.1 million riders means a loss of between $800,000 and $900,000 in provincial gas tax money for 2010-2011.
  • In the first two weeks of January, about 40,000 less people were riding the bus — a 10% drop — over the same period last year.

Source: LFPress.com

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Entry filed under: London. Tags: , , , , , .

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