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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 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 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 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.
The MTR system map. The MTR, the rapid transit system of Hong Kong, encompasses 10 heavy rail lines and 98 stations as of May 2022. The following list sorts the stations according to their service line. In addition to the 98 metro stations listed on this page, the MTR system also consists of 68 light rail stops and one high-speed rail terminus ...
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, [1] is a light rail system in Hong Kong, serving the northwestern New Territories, within Tuen Mun District and Yuen Long District.
The first mode of rail transport for the public in Hong Kong was the Peak Tram, serving The Peak (at Victoria Gap), the Mid-Levels and the city centre since 1888. This was followed by the Mount Parker Cable Car in 1892, but this system was terminated in 1932 and dismantled.
MTR Bus (legally Northwest Transit Service Area Bus Service) is a public non-franchised bus service in Hong Kong operated by the MTR Corporation, serving the northwestern part of the New Territories. It comprises a network of 22 feeder bus routes for the convenience of passengers using the MTR rapid transit network, providing access to and ...