Intercity bus transportation

[Acitta]

A number of years ago, they were cutting back service to Toronto and had a public meeting for customers. One thing that they said was that if they did not have every seat filled with a paying customer, then they were losing money. There were a lot of upset commuters at that meeting.

That seems dubious at best...having a break even load factor of 100% is not something any transportation company can survive. Frankly, I fully believe they would just lie about it, it's pretty easy to fudge the numbers.

But in any case, we all know that a race to the bottom is a failing plan for transit.

I think that the growth of GO transit really cut into their profits. A private company can't compete with a subsidized service.