Local Transport Today is the authoritative, independent journal for transport decision makers. Analysis, Comment & News on Transport Policy, Planning, Finance and Delivery since 1989.

Passenger growth boosts TfL’s revenues

11 June 2012
 

Record passenger numbers helped ensure that Transport for London’s operating income exceeded forecasts by £110m in 2011/12.

Tube patronage hit 1.17 billion journeys, contributing £91m more than budget. London Overground rail passenger numbers of 102.6 million were above forecast, generating £20m more revenue than budgeted.

Bus patronage journeys reached 2.344 billion – also above forecast – but income from the surface transport directorate (which includes...

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