* Australia - Buses a drain on public purse
A new report from the Productivity Commission shows the ACT has one of the least profitable public transport systems in AustraliaCanberra,Australia -ABC News -July 26, 2007: -- ... Figures show that ACTION's pre-tax operating loss in 2005 - 2006 was just over 14-million dollars... The four other state urban transport companies referred to in the Commission's report recorded pre-tax operating profits... The report also shows that ACTION relies on the Government for three quarters of its total revenue... (Picture: ACTION Buses ... from jpgbusexplorer.com)
Labels: losses
posted by Unknown @ 11:26 AM
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