One Hour bus ticket cost

Meeting: 
MQT on 2014-11-19
Session date: 
November 19, 2014
Reference: 
2014/4153
Question By: 
Caroline Pidgeon
Organisation: 
Liberal Democrats
Asked Of: 
The Mayor
Category: 

Question

How much does TfL estimate introducing a One Hour bus ticket would cost?

Answer

Answer for One Hour bus ticket cost

Answer for One Hour bus ticket cost

Answered By: 
The Mayor

TfL estimate that the fares revenue cost of allowing free PAYG bus transfers within an hour would be up to £50 million per annum.

Any reductions in fare revenue from this would need to be found from other fare payers.