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Greens demand cable car rethink as revenue drops

07 February 2014
 

Fare income on Transport for London’s cable car, the Emirates Airline, was 35% lower than predicted in the second quarter of 2013/14, figures supplied to Green London Assembly member Darren Johnson reveal. 

TfL had expected fare income to be £8.3m in second quarter 2013/14 but the actual figure was £5.4m. 

The system had an operating margin of £3.7m based on fare income of £5.4m, sponsorship income of £3.6m and operating costs of...

+71% more

 

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