Essayer OR - Gratuit
LRMC eyes new LRT-1 fare hike
The Philippine Star
|March 11, 2024
The Light Rail Manila Corp. (LRMC) is studying the possibility of seeking another fare hike this year to keep Light Rail Transit Line 1 (LRT-1) fares on a par with other public transport units.
LRMC president and CEO Juan Alfonso told reporters last week that the concessionaire is considering the option of asking for a new round of fare adjustment in LRT-1.
Alfonso said that although the Department of Transportation (DOTr) allowed LRMC to increase LRT-1 fares in 2023, it has yet to recover previous losses from denied rate hikes in prior years.
LRMC requested the fare hike for LRT-1 in 2022, but gained approval to implement it only last year. Prior to this, the DOTr denied proposed adjustments in 2016, 2018 and 2020 and this forced LRMC to file an arbitration case to ask for at least P2.67 billion in compensation.
Cette histoire est tirée de l'édition March 11, 2024 de The Philippine Star.
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