Quote:
Originally Posted by Changing City
There was an early paper that said the 1987 operating cost per passenger on SkyTrain was $1.28. A one-zone cash fare was $1.15, so presumably even then with some riders taking a 2-zone trip the operating costs were being covered.
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Then you have to consider monthly pass, day pass, concession fare, discount fare, transfers. So if a passenger doing a Bus-SkyTrain-Bus trip using a 1-zone monthly pass outside of peak hours, then they only paid a few cents for the SkyTrain service.
But I believe the last time (in the early 2000s?) TransLink split the cost recovery for each mode, SkyTrain was reporting 109%. But I'm not sure how they determine how much revenue goes toward SkyTrain though, since this was before compass card and fare gate, there's no way they would know for sure...
Quote:
Originally Posted by Rico
If you have cost per boarding, average fare should give you a general idea. Obviously not perfect...but skytrain fares would skew higher than average so if average fare is higher than the cost per boarding it runs an operational profit...that said I doubt skytrain as a whole runs an operational profit. Expo line yes, the others not so much.
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There's no way Canada Line would run in profit before 2040 though, since they'll have to count the repayment to the private sector contribution for construction as an "operating cost".