KMB (Print)

KMB (Print) - KMB fights rail threat with discount fares by...

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KMB fights rail threat with discount fares by Anita Lam, South China Morning Post, November 28, 2007 Concessions to be offered on 21 routes in New Territories and Kowloon Kowloon Motor Bus will discount fares on more interchange routes from Sunday - the day Hong Kong rail services merge, bringing in wide-ranging fare cuts. Discounts will be offered on 21 routes, grouped into seven packages covering areas of Kowloon and the New Territories where rail passengers will enjoy the biggest savings from the merger - through the axing of charges for transferring from one rail system to another. But KMB denied its move was in response to the merger, which will see rail fares cut between 5 per cent and 35 per cent. "It is mere coincidence that our scheme should start on the same day as the merger {hellip} the concessions are offered after a study of passengers' travel patterns and service demand, not as a means to compete for passengers with the MTR," KMB operations director Tim Ip said. But transport analyst Hung Wing-tat, of Hong Kong Polytechnic University, said it was
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This note was uploaded on 04/21/2011 for the course ECON 1001 taught by Professor S.c during the Fall '10 term at HKU.

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KMB (Print) - KMB fights rail threat with discount fares by...

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