BTS Skytrain fare to rise
The operators of the BTS Skytrain said Wednesday they may have to increase fares within two months to cover the expected hike in electricity costs because of the scheduled cuts in gas feeds from Myanmar.
- Published: 20/02/2013 at 06:25 PM
- Newspaper section: breakingnews
Surapong Laoha-Unya, director and chief operating officer of the Bangkok Mass Transit System Plc (BTSC), told reporters that 70% to 80% of the costs of the Skytrain are wages, electricity, and maintenance. The 300-baht minimum wage and the 10% hike in electricity costs have created a burden for the company.
The fare hike is necessary even though revenues during the BTSC's fiscal year which ends March 31 look likely to rise by 12-13%, on the back of 196 million passengers.
The BTS has kept its current fares since 2005, said Mr Surapong. The company's lease allows it to set fares up to a maximum of 18 to 51 baht, depending on distance travelled, or 25% above the present fare level.
He said commuters should expect a fare hike between April and June. The BTSC will give riders a 30-day notice before new fares are introduced.
"We are currently reviewing the situation," he said. "We want to raise the price because of the 300-baht minimum wage and the high electricity cost, but our decision will be based on the passengers," said Mr Surapong.
He said that the Myanmar gas cutback currently scheduled for April 4-12 will affect the power generation of the BTS.
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- Writer: Online Reporters