MBTA fare revenue craters #mbta #mayorkoch

MBTA fare revenue craters

– News covered by Quincy Quarry News with commentary added.

Fare revenue cut
A Shutterstock file photo

MBTA fare revenue down by forty-eight percent in the most recent reporting period.

Granted, this breathtaking drop in revenue was significantly fueled by a loss of Orange Line revenue while this subway line was shutdown for a month for an emergency maintenance makeover and the MBTA so provided free shuttle bus service.

Even so, MBTA fare revenue continues to be running off to very much off from pre-COVID levels as well as is expected to remain less until at least the Spring of 2026.

While near term alternative revenue streams are currently covering the shortfall for the most part, how much longer is subject to obvious concerns.

A blown out Red Line train window
MBTA Passenger Catherine Groux Twitter photo

After all, the MBTA has greatly upped its spending from already elevated levels to buy new trains to replace ancient Orange and Red Line trains so as to address all manner of long deferred maintenance, only to see many straphangers opt for alternative ways to commute or otherwise travel.

Source: Lower Ridership is Costing the MBTA – Fare Revenue down 48% from 2019

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