3 ms·
I do agree with your sentiments entirely but the MTA should be doing much better. Transport for London (IMO the complete opposite of MTA: on the whole incredib
by martinald 9y ago
I do agree with your sentiments entirely but the MTA should be doing much better.
Transport for London (IMO the complete opposite of MTA: on the whole incredibly well run and generally well funded) has went from making an enormous operational loss to near break even in the last 15 years. If the trends hold it is projected to make a >£1bn operational profit per year by 2021.
NB I'm talking about operational expenditure not capital, which is funded from grants from govt, which currently stand at around £3bn per annum. It's possible to see how it could be entirely profit generating in a couple of decades though Inc capex. Assuming everyone doesn't leave due to brexit.