Quote:
Originally Posted by d_jeffrey
For Montreal, if I remember correctly a trip costs 3.25$ and it costs 1.85$ to run (includes infrastructure repairs and replacements). So with a ridership of 356 096 000 annually, that gives about 50M$ in profit a year. Enough to pay for more infrastructure and make more money. If it's a station every 3 years, it's still better than none in the last 30 years.
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But the transit authority will earn much much less than that for each boarding. The $3.25 is for single-trip, adult trip cash fare. They'll get less if the user uses concession fare, multi-trip ticket or day/weekly/monthly passes, and a fraction of that reduced fare if the trip involves transfer. In the end, the average fare paid for boarding may be less than the cost to run the system...
Just give an example, the average cost per passenger for Expo/Millennium Line SkyTrain in Vancouver is $1.35* and the fare is somewhere between $2.75 for 1-zone and $5.50 for 3-zones. You'd think the transit authority is making huge amount of revenue from the system, right? But the average fare paid
per boarding is actually only $1.40**. With 94M boardings a day, the revenue would be only about $4.5M...
* = including infrastructure maintenance and repair, but not new train purchases, major infrastructure/station upgrades, etc. Calculated from extrapolated 2016 cost of E/M from 2014 figure (no 2016 number reported), divide by the 2016 passengers
** = Calculated by dividing total transit revenue by total boarded passengers