Latest news with #fareincrease
Malay Mail
21-05-2025
- Business
- Malay Mail
Caught overcharging during Hari Raya, two express bus firms face APAD action
KUALA LUMPUR, May 21 — Authorities have penalised two express bus operators for violating festive season fare limits during Hari Raya 2025. The Land Public Transport Agency (APAD) said it also issued show-cause letters to 13 companies, with five facing a second round of scrutiny. Passengers travelling on economy buses between March 15 and April 6 were affected, particularly across eight busy routes nationwide. These included trips from hubs such as Terminal Bersepadu Selatan and Penang Sentral, where APAD recorded unauthorised fare increases. Under current rules, economy bus fares cannot exceed RM0.093 per kilometre, even with the 10 per cent festive surcharge. One operator was suspended for two weeks after failing to respond to APAD's second notice. Another received a warning, as the price hike was found to be minimal. 'APAD will continue to monitor the operations of express bus companies from time to time, especially during festive seasons, to prevent any fare increases exceeding the allowed ceiling rate,' the agency said in a statement. The agency said passengers are encouraged to report suspicious fare hikes, especially during peak travel seasons.
Times
20-05-2025
- Business
- Times
Ryanair raises fares as more holidaymakers pick Europe over US
Holidaymakers preferring to stay in Europe rather than fly to America are helping Ryanair to push through fare rises of up to 20 per cent this spring, the airline's chief executive has said. 'Europeans appear to be holidaying at home [in Europe] because of what they see as a lack of a reasonable welcome in the US,' Michael O'Leary said. This combined with a later Easter holiday and the end of disputes with online travel agents that hit volumes the year before, has prompted Ryanair to report that it will record fare increases of 'mid-high teens' during the April-June trading quarter. This has provided some respite for Ryanair, which carried a record 200 million passengers in the financial year to the end of March, but
Times
19-05-2025
- Business
- Times
Ryanair increases fares as more holidaymakers pick Europe over US
Holidaymakers preferring to stay in Europe rather than fly to America is helping Ryanair to push through fare rises of up to 20 per cent this spring, the airline's chief executive has said. 'Europeans appear to be holidaying at home [in Europe] because of what they see as a lack of a reasonable welcome in the US,' Michael O'Leary, the airline's chief executive, said. This combined with a later Easter holiday and the end of disputes with online travel agents that hit volumes the year before, has prompted Ryanair to report that it will record fare increases of 'mid high teens' during the April-June trading quarter. This has provided some respite for Ryanair, which carried a record 200 million passengers in the financial year to
CBS News
19-05-2025
- Business
- CBS News
Public hearings begin Monday in Philadelphia about SEPTA's plan to cut service, raise fares
Public hearings on SEPTA's proposal to cut service and raise fares to fill a more than $200 million budget gap begin Monday morning in Philadelphia. SEPTA has proposed to cut services by 45% and raise fares by 21.5% to help fill a $213 million structural deficit. But some experts warn these moves would cause irreparable damage to the Philadelphia region, economy and people. "There is not a way for our region to function physically without public transportation," said Connor Descheemaker, statewide campaign manager for Transit For All PA, a coalition of transit riders, workers and businesses who rely on public transportation. Descheemaker also said the cost of not funding SEPTA in full far outweighs any investment to keep it running. "For every $1 in public transportation, up to $5 returns in economic activity," Descheemaker said. "Los Angeles has put in entire new rail lines and tons of new public buildings in advance of the 2028 Olympics. You look at the kinds of global events that happen internationally, and all of them create new infrastructure. They don't absolutely destroy the infrastructure that they have," Descheemaker added. The proposed fare increase would go into effect on Sept. 1, which is when SEPTA would also freeze hiring. Then, come Jan. 1, 2026, SEPTA says more changes would begin, including cuts to five Regional Rail routes and several bus lines. SEPTA also has proposed a 9 p.m. curfew on all rail services. Riders said they are concerned. "There's no way less money is going to help anything," said rider Alex Gebeyan, who was visiting Philadelphia on Sunday. Mary Campion, of North Philly, said, "I just think it will mean more traffic congestion within the city, more cars." "The Regional Rail is already spotty, so if they are going to talk about a 9 p.m. curfew and they're reducing service to every hour and stuff like that, that's bad," said Marcel LaVar, who relies on SEPTA. The SEPTA hearings come as negotiations continue in Harrisburg on a statewide transit funding plan introduced in February by Pennsylvania Gov. Josh Shapiro. SEPTA will hold four public hearings at its headquarters Monday and Tuesday to review its budget proposal and hear public comments. The Monday sessions are at 11 a.m. and 5 p.m. Sessions on Tuesday are at 10 a.m. and 4 p.m. Those who wish to speak will be taken in their order of arrival.
