The Star Ferry, which has accumulated a loss of more than 70 million yuan, has previously applied for a double fare increase. It is reported that the Executive Council today (31st) approved the fare increase application, but the increase is lower than the increase applied by the Star Ferry. The fare increased from $3.2 to $5, an increase of 56%, but it was still lower than the Star Ferry’s application to increase to $6.4, while the holiday fare increased from $4.2 to $6.5, an increase of about 55%.
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The last fare increase was in February 2021, and ticket revenue still fell by 47%
The last fare increase for the Star Ferry was on February 9, 2021. At that time, the one-way fare of the two routes was increased by 0.3 to 0.5 yuan, and the monthly ticket was increased by 25 yuan. %.
The document mentioned that after Skystar raised its fare at that time, its ticket revenue for the year still fell by 47% compared with 2018.
When did the Star Ferry last increase its fare?
February 9, 2021
What routes does the Star Ferry serve?
Tsim Sha Tsui - Central, Tsim Sha Tsui - Wan Chai
On New Year’s Eve, the MTR will run all night. I can see the extension of the bus service. Take the Star Ferry and trams in the early morning. The TAC hopes to improve the MTR fare mechanism. The final batch of fares will be increased but the price of the monthly ticket will remain the same. The Star Ferry will apply for double the fare.