22nd Jan 2008
"from the annual report, passenger trips have increased 11% from 2002 - 389.7m to 434.9m. However, car kilometres operated dropped from 81.4m to 77.1m. SMRTC has been aggressively cutting costs by cramming as much as people into each train and reducing frequencies since 2004, to maximise shareholder value. Thus, what is observed is simply increasing ridership, yet the supply of trains remained the same, and even dropped."
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Table extracted from SMRT 2007 Annual Report:
