5 lessons U.S. transit systems should learn from London

Posted on June 30, 2014

Transport for London
Transport for London
Last year, Transport for London (TfL) spent $11.6 billion (US) operating its bus, rail, and metro systems, and generated $8.2 billion in revenue (mostly through fares). That's a recovery rate of roughly 70%, according to a CityLab post by Eric Jaffe.

RELATED: Engineering the London Underground (video)

By the end of this decade, TfL expects to break even across its entire system — meaning it won't need any public subsidies for operations at all, the report said.

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