BMTA loses Bt5.3mn on shutdown

Economy January 15, 2014 00:00

By The Nation

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Bangkok Mass Transit Authority (BMTA) has lost over Bt5.3 million in revenue in the first two days of the "Bangkok shutdown".

Nares Boonpiam, acting director of the agency that operates the metropolitan bus system, said that the shutdown has resulted in a decrease in the number of commuters.
As public buses' commuters have to change their travelling palns as protesters close off major intersections in Bangkok, their number has fallen from 1.5 million to 1.3 million a day. 
Nares added that the number of public buses including those operated by private companies also fell from over 5,500 to about 3,400-4,000 a day.
He said that the BMTA, which earns Bt9.6 million a day, lost Bt3 million in revenue on January 13 and Bt2.3 million on January 14. 
Meanwhile, private companies have also lost a combined amount of Bt1 million a day. 
If the shutdown continues for over a week, BMTA would need a new financial plan and probably financial assistance from the government.