On Oct 4, 3:43 pm, Tom Anderson wrote:
Aha. Assuming passengers buy singles costing an average of 2.50 each
(Moorgate - Finsbury Park is 2.10, Moorgate - New Southgate is 3.10, so
this is ballpark right), that would need 68 000 passengers (ticket sales,
anyway) to break even. Over 52 weeks, that's 1308 people a week. That
sounds like quite a lot, but plausible.
The RUS actually has a full analysis:
Costs (Present Value)
Investment Cost 0.0
Operating Cost 1.7
Revenue -0.3
Other Government Impacts 0.0
Total costs 1.4
Benefi ts (Present Value)
Rail users benefi ts 0.5
Non users benefi ts 0.0
Total quantifi ed benefi ts 0.5
NPV -1.0
Quantifi ed BCR 0.3
Those are £millions over 10 years for the weeknight service only. So
they reckon it'll increase revenue by about £600/week, and values the
convenience gained at £1,000/week.
U
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