TfL estimates £500m revenue shortfall amid ridership drop

摘要

Transport for London predicts it will lose £500 million in passenger revenue as a result of the COVID-19 outbreak. Passenger numbers on the Tube are already down by as much as 19% compared with the corresponding days in 2019. TfL said that numbers began to noticeably drop from March 2 as more people became aware of the virus. "Our best forecast, based on government scenarios, is that the financial impact of the Coronavirus could be up to £500m. We manage our finances prudently, and have reduced our deficit hugely in recent years," said TfL Chief Finance Officer Simon Kilonback.