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Just to continue on my point, I had a look at the Singapore Transit annual report:
http://www.smrt.com.sg/investors/documents/annual_reports/2009/pdf/SMRT_Full_Report_09.pdf

Labor costs for them are 40% of operating expenses. If WMATA had the same ratio, Metro would make a huge profit, and the transit system as a whole would almost break even. If you took out paratransit, the system as a whole (bus and Metro) would make a profit.

by MLD on Feb 2, 2011 1:29 pm • link • report

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