Increased operating deficit for London Buses and route branding for Hayes

A bus news website called Route-One has published an article raising the issue about the operating deficit for London Bus services.

From Route-One

London bus deficit to hit £1.8m a day

Falling passenger numbers, increased costs and the effects of Mayor Sadiq Khan’s fares freeze means that London’s bus operating deficit is set to rise from £599m in 2016/17 to £647m - £1.8m a day - by 2022/23, admits Transport for London (TfL).

Reports, publications and statistics on TfL website

On the Transport for London (TfL) website, you can view more information in relation to service performance and usage statistics etc.

First of all I’ll begin with the London Buses publications and reports.

London Bus contracting: operators get paid by the mile

This is one of my spontaneous articles going into great detail about London Bus operations.

Ever since London Bus services were privatised during the mid-1990’s, to competitive tender, I’ve been watching closely and have found out they’ve talked about the Cost-Per-Mile on the route contract.

I won’t go into detail about the contracting, but TFL have hosted a document on their website which is titled ‘London’s Bus Contracting and Tendering Process’.

Here’s the selected routes I’ve listed, the calculations may not be accurate so please forgive me if there’s any errors on this: