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MTR fares︱Xinyu Zhang advocates earning more and adding less profit reaches $15 billion, and the freezing mechanism will be activated

2023-01-17T03:15:57.699Z


The MTR is currently reviewing the "may increase or decrease" fare mechanism. Zhang Xinyu, a member of the Legislative Council of the "A4 Alliance", accepted a radio interview today (17th) and criticized the MTR for "making a lot of money, but the car is broken, and the fare is increased", and proposed to adjust the fare price


The MTR is currently reviewing the "may increase or decrease" fare mechanism. Zhang Xinyu, a member of the Legislative Council of the "A4 Alliance", accepted a radio interview today (17th) and criticized the MTR for "making a lot of money, but the car is broken, and the fare is increased", and proposed to adjust the fare It is recommended to introduce a profit hedging mechanism and link the ticket price with the accident.

The resumption of the high-speed rail has entered the third day. Zhang noticed that the number of tickets that can be sold has increased from today (17th) to a total of 14,000 in both directions. He believes that the number is conservative and bluntly says that there is no limit: "Selling sunfly is a limit." .


If the number of delayed accidents in the whole year is higher than the standard next year, the fare must be frozen

Zhang Xinyu suggested that the MTR introduce a profit hedging mechanism, and use the profit coefficient to hedge the price increase.

When the basic profit of the MTR train service and building revenue reaches 15 billion yuan, the fare should be frozen; the basic profit is between 10 billion and 15 billion yuan, and the "basic fare increase" is multiplied by 0.25; the basic profit is 5 billion to 10 billion 100 million yuan, the "basic price increase" is multiplied by 0.5, and so on.

Zhang Xinyu believes that this plan can not only ensure that the MTR has a certain amount of profit, such as maintenance and repair for the trains, but also allow the MTR to "make money without burdening the public". The two strike a balance.

He also suggested that MTR ticket prices should be linked to accidents to quantify annual train service performance indicators.

He pointed out that using 8 minutes as an indicator to calculate the number of passengers affected by each accident, if the total number of passengers who are delayed by more than 8 minutes due to a single accident throughout the year exceeds the standard, the fare must be frozen for the next year.

There should be no limit to the daily ticket sales volume of the high-speed rail: selling sun-fly tickets is the limit!

As for the resumption of operation of the high-speed rail on Sunday (8th), the daily two-way high-speed rail tickets that can be sold will increase to 14,000 from today (17th).

Zhang Xinyu praised the government's quick response and ability to quickly respond to the needs of citizens, but he believes that the increase in the number of tickets is "too conservative". The volume increase can be more aggressive: "The shift itself is to limit the flow of people, so there is no need for a quota. Selling sunfly is a quota!"

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Source: hk1

All news articles on 2023-01-17

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