Tokyo Monorail announced that its application for approval of changes to rail passenger fares, filed on March 17, was approved by the Minister of Land, Infrastructure, Transport and Tourism on June 16. The fare revision is scheduled to be implemented in March 2024.
The reason for the revision is that the number of passengers has decreased due to the outbreak of the new coronavirus infection and the subsequent spread of new lifestyles, and the company expects that it will be difficult to recover to previous levels in the future.
The revision rate is expected to be 10.8%, resulting in a revenue increase of 10.6%. The average revision rate for regular fares will be 11.5%, and the starting fare will increase from 157 yen to 177 yen for a one-yen unit, and from 160 yen to 180 yen for a ten-yen unit. For other sections, fares will increase by 27 to 45 yen per 1-yen unit and by 20 to 40 yen per 10-yen unit. For example, the Monorail between Hamamatsucho and Haneda Airport (in 1 yen increments) will increase from 492 yen to 519 yen.
For commuter passes, the average revision rate from the current maximum fare will be 16.1%. However, since price reductions were implemented in 2019, the average revision rate from the current implementation fares will be 25.2%. For example, the commuter pass (one-month adult) between Monorail Hamamatsucho and Haneda Airport will go from 11,280 yen to 14,600 yen.
In addition, the fare for commuter passes will remain unchanged in consideration of the burden on household finances.
As a result, the average discount rate for commuter passes will increase from the current 49.6% to 47.8%, and from the current 75.5% to 78.1% for commuter passes.
© Source travel watch