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MTA Considers Off-Peak Fares
Thursday, October 22, 2009
The Metropolitan Transportation Authority (MTA) may introduce discounted off-peak fares for passengers hopping on the bus or train after hours.
“Time-of-day pricing might be very attractive,” Jay H. Walder, the MTA's new chairman told The New York Times Wednesday.
Walder told The Times that off-peak fares--generated by passengers travelling late nights and weekends--might generate more revenue for the MTA since those passengers would travel in what he called "quieter" hours. Encouraging riders to travel after hours might also lighten the MTA's load during rush hour transit, making the system run more smoothly during peak hours.
The MTA's board would have to approve any such changes to the transit fare system.