It is likely that Personal Rapid Transit (PRT) systems will be in revenue operation in the United States by the year 2000. PRT, with its small vehicles, off-line stations, and non-stop service will be an attractive addition to the existing spectrum of transit technologies. System planners have been at a disadvantage, however, when faced with questions concerning PRT system capacity, related operating and maintenance costs, and the likelihood of a need for tax subsidies to cover annual costs. Little has been written on these subjects and no actual operational data is yet available. In order to assess the likelihood that PRT system revenue will equal or exceed system Operation and Maintenance (O&M) costs, details of the system in question must be provided or derived. This paper provides an overview of a process which permits the planner to configure a PRT system with the capacity to meet the expected peak hour ridership demand, to estimate its O&M costs, and to calculate a Break-Even fare (in dollars per occupied vehicle mile) that will fully fund the estimated O&M cost. Based on recently developed estimates of PRT O&M costs, it appears probable that, in many applications, PRT systems could operate without tax subsidy.
Break-even fare analysis for PRT systems
1996
10 Seiten, 5 Bilder, 2 Tabellen, 3 Quellen
Conference paper
English
Break-Even Fare Analysis for PRT Systems
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