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Monday, April 29, 2024

Purple and Red Lines Losing Bt7.4m a Day Since Bt20 Fare Imposed

Operators of the Purple Line and Red Line suburban train services suffered a combined loss of Bt7.4 million per day between October 16 and November 14, after fares were capped at Bt20, said Dr Samart Ratchapolsitte, deputy leader of the Democrat party and an expert in mass transit.

Writing in his Facebook post today, Dr Samart said that he was not surprised that Transport Minister Suriya Juangroongruangkit did not give a press conference a month after the 20-baht train fare was imposed, which is in sharp contrast to the start of the new fare structure on October 16th, when the smiling minister brandished a 20-baht banknote at a press conference.

During the first month of the capped fare, Dr. Samart says that the average gross revenue of the two train lines amounted to about 1.3 million baht per day (500,000 baht on the Red Line and 800,000 baht on the Purple Line), while the total…

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