Prices of monthly train tickets will fall 11.5% tomorrow, after Minister of Transport Israel Katz decided to bring forward the fare cut by one month.
The reduction will increase the discount on monthly train tickets to 42.5% from the current discount of 35%. The cost for subscribers will be based on 23 trips, instead of the current 26 trips.
Beginning tomorrow, train riders will be able to buy monthly tickets at a discount of at least 42.5% for all train routes or for any single all intercity, urban, and suburban route.
Katz added that fares on the following lines will be cut by 3.2% tomorrow: Beer Yaakov-Rishonim-Tel Aviv and Rehovot-Tel Aviv.
From April 1, monthly bus tickets on all routes will be reduced as part of the government's decision to reduce public transport fares by 10%.
Published by Globes [online], Israel business news - www.globes-online.com - on February 28, 2011
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