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The MTR has no autonomy in its fare setting, and the fare has to be set in accordance with a fixed formula. Originally, the mechanism aims to limit the soaring MTR fare increment by a transparent formulaic approach. However, Hong Kong has recorded continuous inflation in recent years, the MTR fare has then kept rising since 2010.
The farebox recovery ratio (also called fare recovery ratio, fare recovery rate or other terms) of a passenger transportation system is the fraction of operating expenses which are met by the fares paid by passengers. It is computed by dividing the system's total fare revenue by its total operating expenses. [1]
The Mass Transit Railway (MTR) is a major public transport network serving Hong Kong.Operated by the MTR Corporation (MTRCL), it consists of heavy rail, light rail, and feeder bus services, centred around a 10-line rapid transit network, serving the urbanised areas of Hong Kong Island, Kowloon, and the New Territories.
The discounted fare costs HK$72, HK$64, and HK$42 from Hong Kong, Kowloon, and Tsing Yi stations respectively, and includes a free connection with other MTR lines. A single trip from the Airport to AsiaWorld–Expo is HK$5.
via Hong Kong–Zhuhai–Macao Bridge Hong Kong Port A11: North Point Ferry Pier: ↔ Airport: CTB via Hong Kong–Zhuhai–Macao Bridge Hong Kong Port A11R: Central → Airport: CTB via Hong Kong–Zhuhai–Macao Bridge Hong Kong Port A12: Siu Sai Wan (Island Resort) ↔ Airport: CTB via Hong Kong–Zhuhai–Macao Bridge Hong Kong Port A17 ...
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Light Rail network map Geographically accurate map of the Light Rail network Track layout diagram of the network in 1996. The Light Rail, also known as the Light Rail Transit (LRT), officially the North-West Railway, [2] is a light rail system in Hong Kong, serving the northwestern New Territories, within Tuen Mun District and Yuen Long District.
Since August 2001, all newly purchased taxis run on LPG. By the end of 2003, over 99.8% of the taxi fleet in Hong Kong ran on LPG. [13] Taxi fares are charged according to the taximeter; however, additional charges on the fare table may apply, such as road tolls and luggage fees. Urban taxis are the most expensive, while Lantau taxis are the ...