Bus ridership up 24% over 5 years

Only a third of bus rides were with a monthly pass.

The day after the cabinet approved a NIS 600 million allocation to encourage the use of public transport by the end of 2012, the Ministry of Transport reported that bus ridership rose 24%, from 480 million passengers in 2004 to 594 million in 2009. The ministry is still processing data for 2010.

An analysis of bus travel in 2009 found that Egged Israel Transport Cooperative Society Ltd. still carried the largest number of passengers - 46.6% of the total - a decade after the decision to privatize some routes. Dan Public Transport Co. Ltd. carried 23.4% of all passengers, and the smaller bus operators carried 30% altogether, close to their proportion of bus lines (28%).

Egged increased its passenger traffic by 5%, while there was no change at Dan. 34% of passengers use the bus companies' monthly passes, an important figure in light of the cabinet decision yesterday to cut fares for those passes as of April. 26% of passengers paid the regular fare.

Published by Globes [online], Israel business news - www.globes-online.com - on February 21, 2011

© Copyright of Globes Publisher Itonut (1983) Ltd. 2011

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
Twitter Facebook Linkedin RSS Newsletters גלובס Capital  Markets Conference 2017