Load Factor * India - Uneconomical bus services
Operations would be viable at 60 per cent load factor
Bangalore,Karnakata,India -Business Standard -March 22, 2010: -- The Bangalore Metropolitan Transport Corporation (BMTC), which had been the first customer for Volvo’s inter-city buses in India, has run into losses by operating low-floor, air-conditioned city buses from Volvo. The corporation’s Volvo bus operations have reported a loss of Rs 24.03 crore between February 2006 and March 2009... According to CAG report, as per the feasibility study, the operations would be viable at 60 per cent load factor. However, it was seen that actual load factor for 2008-09 was 52.3 per cent and the kilometre per litre achieved was only 2.09 against the estimated KMPL of 2.50, which was the cause for loss in Volvo operations, the CAG report stated... The CAG has recommended giving re-look at the Volvo services and paying attention to passenger load factor in order to enhance it... (Photo from hampi.in: A Bangalore bus)Labels: uneconomical services
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