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Bus companies ask for fare hikes of up to 20%, Star Ferry wants to charge double

23 November 2022

By The SUN

Public bus companies want fares to go up by 10 to 20% (File)

Public bus operators have asked for an increase in fares by 10 to 20 percent, according to the Transport and Logistics Bureau.

The news comes a day after the operator of the Star Ferry applied for a 50% fare hike, which would result in the regular adult fare on weekdays rising to between $5.20 and $6.40 for a trip between Tsim Sha Tsui and Central, or TST and Wan Chai.

In a statement issued Wednesday, the bureau said the bus companies submitted their applications in the first half of the year, but the government is still considering them.

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The companies sought the fare rise, citing as reasons the rise in operating costs and the fall on patronage due to Covid-19.

The bureau said any increase will depend on several factors, including public impact and the operators’ operational costs and income.

The applications will be forwarded to the Legislative Council’s panel on transportation affairs and the Transport Advisory Committee for review before they are passed on to the Executive Council for final vetting.

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The bureau pointed out that the government had previously exempted franchised buses from paying tolls when using government toll tunnels, with the operators required to keep the toll saved in the dedicated fund accounts they set up.  

Star Ferry wants to double fares, scrap free rides for elderly

Meanwhile, the Star Ferry operator cited the sharp drop in tourist arrivals as the main reason for its fare hike application.

A report by the Legislative Council’s panel on transport, the Star Ferry’s daily patronage fell to around 10,700 passengers on average in March, from around 53,900 in 2018.

Under the company’s proposal, those who sit on the lower deck will pay up to $5.2 on weekdays, and $6.40 on the upper deck.

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For weekend trips, the fare on the lower deck would go up to $7.20 and $8.40 on the upper deck.

Star Ferry has also asked for permission to scrap its free rides for the elderly and instead charge them the government-subsidized HK$2 trips.

But Ben Chan of the Democratic Alliance for the Betterment of Hong Kong said the operator should look for other sources of revenue instead of a fare increase, such as posting advertisements on the boats’ exterior and renting out their vessels for local tours.

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Chan also suggested the company could charge tourists more than locals, saying higher fares could lead to an even bigger drop in patronage.

Fellow lawmaker Michael Tien supported the fare hike, however, saying a ferry ride would still be around 40% cheaper than taking the MTR or a cross-harbour bus.

But he rejected the operator’s proposal to double the monthly ticket fare from HK$160 to HK$320, saying low-income workers who take the ferry to work across the harbour would be badly hit.

The Star Ferry is owned and operated by Wharf Real Estate Investment, under a 15-year franchise granted by the government, set to expire in March 2033.

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