8% rise in Golden Arrow fares
GOLDEN Arrow Bus Services is set to increase its passenger fares by 8 percent from December 26.
The company said the adjustment came in the wake of spiralling fuel costs and only after all other options had been explored.
The company’s spokeswoman Bronwen Dyke said since the last increase in December last year, the company had absorbed the increases in the price of diesel, but was not able to continue doing this. Dyke said diesel, which after personnel costs is the company’s biggest expense, had increased by 38 percent over the year.
Personnel costs increased by 9 percent.
“The increase is on average 8 percent, while pensioner’s fares will increase by 3.2 percent,” Dyki said.
Passengers using 10ride clipcards, which are valid for 14 days, can postpone paying the increased fares until January 8 by purchasing their clip cards on Christmas Day. Those using monthly clip cards, valid for 37 days will be able to avoid the increase until January 31 by also purchasing clip cards on Christmas Day.