The train's ridership stands as low as 6,000 per day from 10 times that before the lockdown.
The train’s ridership stands as low as 6,000 per day from 10 times that before the lockdown.
He said the BCC carries the risk on actual revenue up to a certain level, and from this level up to the guaranteed level, the revenue gap is covered by the Gautrain Management Agency’s [GMA] ‘patronage guarantee’. Dachs said the financial cost of the patronage guarantee for the 2018/2019 financial year was R1.64-billion. The cost of the guarantee for the financial year to March 31 is not yet available.Dachs was guarded in his comments on whether the GMA has made any provision for the expected increase in the cost for the patronage guarantee in its 2020/21 financial year and, if not, where it will get the money to pay for it.
He said the Gautrain has been operating for 10 years and from both a government and private sector point of view they are trying to “get through this” and “do another 20 years”. He agreed the freeways are much less congested and the Gautrain competes on both time and cost compared with a private car.
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