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Montreal Bixi is very, very, very far away from being profitable: http://blogs.montrealgazette.com/2012/03/16/bixi-raising-montreal-bike-sharing-prices-in-2012
by jellicle 14y ago
Montreal Bixi is very, very, very far away from being profitable:
http://blogs.montrealgazette.com/2012/03/16/bixi-raising-montreal-bike-sharing-prices-in-2012/ http://blogs.montrealgazette.com/2012/03/16/bixi-raising-mon...
- graeme 14y agoFrom the article: "In total, the Montreal operation will bring in $7.4 million. Bixi will spend $7.3 million on operations, marketing, administration and research and development." That's for 2012. Projections aren't results, but things don't sound too far off. What are you basing your statement on?
- nasmorn 14y agoOne can expect a little bit of taxpayer subsidy in the future, since it is freeing up incredibly valuable road space that in most city centers is a limited resource that can't be expanded.