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#1
31-05-2018, 01:40 PM
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LTA failed to factor in PHV effect when expanding bus fleet and contracting model.
An honorable member of the Coffee Shop Has Just Posted the Following:
LTA failed to factor in PHV effect when expanding bus fleet and contracting model. Thus the huge $$$ losses from tremendously expanding bus fleet (S$1 billion to add 1000 new buses) yet facing decreased revenue from fewer users riding on the expanded bus fleet culminating in the current need to increase bus fares. Also, users probably experience... LTA failed to factor in PHV effect when expanding bus fleet and contracting model. Click here to view the whole thread at www.sammyboy.com. 
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