TfL Fares 2010 - ticket switching

Meeting: 
MQT on 2009-11-18
Session date: 
November 18, 2009
Reference: 
2009/3636
Question By: 
Mike Tuffrey
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor

Question

What has TfL's fares modelling shown to be the estimated ticket switching which will result from the fare increases announced for January 2010?

Answer

Answer for TfL Fares 2010 - ticket switching

Answer for TfL Fares 2010 - ticket switching

Answered By: 
The Mayor

Based on its experience with previous revisions, TfL does not anticipate extensive ticket switching as a result of the fare changes being introduced from January 2010.

While some ticket transfers will undoubtedly occur, it is not expected that these will be on a scale sufficient to have a significant effect on the projected revenue yield. *