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Saturday, April 12, 2008

 

Power outage cost LRTA
half-a-million peso revenue loss

 
The Light Rail Transit Authority announced Friday that it lost more than half a million pesos in revenues owing to one-hour interruption of its operation during a power outage Friday morning.

Jinky Jorgio, LRTA media relations officer, estimated that revenue losses from one-hour interruption of operations amounted to P414,683 for LRT Line 1 (Caloocan to Baclaran) and P378,000 for LRT Line 2 (Santolan to Recto).

LRT 1 run stopped at 8:53 a.m. and resumed at 10:06 a.m. ,while LRT 2 operations stopped at 8:50 a.m. and returned to normal at 10:45 a.m.

Jorgio said some 39,283 passengers were affected by the operation stoppage. Of the total, 29,283 were taking the LRT 1 Baclaran-Monumento route and vice versa.

The remaining 10,000 were passengers of the LRT 2 Recto-Santolan route and vice versa.

Last year, LRT Line 1 gross revenue grew to P1.7 billion from P1.59 billion in 2006. Passenger traffic, on the other hand, went up to 119.12 million last year from 111.08 million a year earlier.

For Line 2, the LRTA posted a gross revenue of P749.38 million in 2007 from P642.77 million in 2006. Its passenger traffic was higher at 52.93 million last year than the 47.58 million that Line 2 recorded in 2006.
-- Darwin G. Amojelar

  
 

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