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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