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Unread 19-10-2012, 14:24   #11
dowlingm
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Join Date: Aug 2006
Location: Toronto, Canada
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Over here in North America there tends to be a firm separation of capital and operating when discussing cost recovery and systems are benchmarked against each other. Most systems tend to use a headline number of % of operating costs recovered from fares. 60-80pc is considered good with anything over 90 usually considered as almost too good if it means the system is being run overcrowded or at a high fare price point. However much of their rail system is supported by federal grants (sort of like EU structural funds) which aren't expected to show a direct financial return.
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