09-21-2021, 07:39 AM
(09-21-2021, 07:26 AM)Acitta Wrote:(09-20-2021, 08:47 PM)danbrotherston Wrote: 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.I think that the growth of GO transit really cut into their profits. A private company can't compete with a subsidized service.
But in any case, we all know that a race to the bottom is a failing plan for transit.
Where did they compete with GO? KW is about the only market, and that competition was....not exactly direct. But I'd be willing to believe that KW was their biggest market.
But in general yes, transit is not a market where competition makes a lot of sense.