Lima bus prices set to rise up to 50%

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Lima’s urban transport prices may be set to rise by 20-50% due to increases in fuel costs, according to East Lima transport corporation leader Julio Raurau.

He explained that this month’s price increase, by around 80 centimos per gallon, have forced the corporation to conduct a technical study into price increases to offset costs.

He said that other corporations are conducting similar studies, and that increases may come into effect on Monday in Lima and Callao, and he called on the government to reduce taxes or make available a compensation fund in order to prevent such rises from occurring.

He claimed that companies will be forced to raise prices as they are unable to meet operating costs.

Raurau, who represents a group of some 200 bus operating companies, failed to explain how a fuel price increase of well under 10% can justify a ticket price increase of up to 50%.

The standard price for bus transport in Lima has long held at one sol for short and medium distance rides, despite companies’ attempts to impose higher rates that are more dependent on distance traveled. It remains to be seen whether the public would accept this proposed increase.

2 Responses

  1. QUOTE “The standard price for bus transport in Lima has long held at one sol for short and medium distance rides.” A 50% increase makes sense, inasmuch as the cobradores would not have to handle an excessive amount of those damn brass coins.

  2. I am sure that there are plenty of positives out there, but what have you seen for yourself? Are you tuned in to my happy cloth I have a nice joke. Why are cowboy hats turned up at the sides? So three cowboys can ride in a pickup truck.

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