LRT 1 operator asks DOTr for P5 to P7 fare increase | Inquirer News

LRT 1 operator asks DOTr for P5 to P7 fare increase

/ 05:04 AM May 23, 2018

Fares for the Light Rail Transit (LRT) Line 1 may go up by P5 to P7 possibly in August should a petition filed by its operator, the Light Rail Management Corp. (LRMC), be approved by the Department of Transportation (DOTr).

In a press conference on Tuesday, LRMC Chair Juan Alfonso said that a fare hike would allow the company to maintain its quality of service as it had already spent P8 billion on improvements alone since it took over as private contractor for the train line in 2014.

Currently, LRT Line 1 fares range from a minimum of P15 and P30 for end-to-end rides. Should the hike petition be approved, the minimum fare could go up to P18 and the maximum fare to P37, said Maricar Gamboa, LRMC spokesperson.

Article continues after this advertisement

Under the concession agreement it signed with the government, the LRMC would operate and maintain the existing LRT 1 line as well as construct the P65-billion, 11.7-km extension project from Baclaran station to Bacoor, Cavite province.

FEATURED STORIES

Hike justification

To justify the hike, Alfonso said the LRT 1 remained one of the more accessible modes of transport to the riding public, being faster and cheaper than buses and taxis.

Article continues after this advertisement

Transport Undersecretary for Rails Timothy James Batan explained that under the concession agreement, the LRMC could apply for a fare adjustment every two years. The next one is set in August.

Article continues after this advertisement

Batan said the petition was currently being evaluated by the DOTr. But he clarified that the hike implementation could go two ways: the government could subsidize the increase or pass it on to commuters.

Batan added that the fare increase’s impact on LRT 1 passengers were of “primary consideration” to the DOTr.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: DoTr, Juan Alfonso, LRMC

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.