London Underground fares were the greatest contribution to overall revenue of Transport for London (TfL). The Tube reported a passenger income of 2.2 billion British pounds in the financial year 2022/23, up from 1.5 billion reported a year earlier. Overall, TfL generated revenue worth 4.3 billion British pounds from all the services in the financial year 2022/22.3.
Tube transports almost 1.1 billion passengers
Around 1.1 billion passenger journeys were made on the London Underground in 2022/23. Passenger numbers had dropped by 78 percent between 2019/20 and 2020/21, du to the COVID-19 pandemic. In 2022/23 passenger numbers recovered to nearly 80 percent of pre-pandemic figures.
London's Transport Strategy
Air quality has become an important topic of discussion for Londoners. With the introduction of the Ultra Low Emission Zone in the city center in 2008, residents and visitors to the capital are encouraged to use public transport, carry out their journeys cycling or on foot or switch to less polluting cars. The zone was expanded to include all London boroughs in August 2023.
Transport for London passenger income from 2015/16 to 2022/23, by type
(in million British pounds)
Characteristic
London Underground fares
Bus fares
Rail fares
Other
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Transport for London. (May 30, 2023). Transport for London passenger income from 2015/16 to 2022/23, by type (in million British pounds) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/411064/transport-london-fare-revenue-uk/
Transport for London. "Transport for London passenger income from 2015/16 to 2022/23, by type (in million British pounds)." Chart. May 30, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/411064/transport-london-fare-revenue-uk/
Transport for London. (2023). Transport for London passenger income from 2015/16 to 2022/23, by type (in million British pounds). Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/411064/transport-london-fare-revenue-uk/
Transport for London. "Transport for London Passenger Income from 2015/16 to 2022/23, by Type (in Million British Pounds)." Statista, Statista Inc., 30 May 2023, https://www.statista.com/statistics/411064/transport-london-fare-revenue-uk/
Transport for London, Transport for London passenger income from 2015/16 to 2022/23, by type (in million British pounds) Statista, https://www.statista.com/statistics/411064/transport-london-fare-revenue-uk/ (last visited September 01, 2024)
Transport for London passenger income from 2015/16 to 2022/23, by type (in million British pounds) [Graph], Transport for London, May 30, 2023. [Online]. Available: https://www.statista.com/statistics/411064/transport-london-fare-revenue-uk/