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Athens' Metro Revenues Up By 12 pct After e-Ticketing Introduction

Athens’ Metro revenues have been rising at the rate of 10 percent-12.5 percent per month since the introduction of e-tickets, Urban Rail Transport’s (STA.SY.) CEO Giorgos Thomopoulos told the Athens News Agency (A.M.N.A.).
STA.SY. is the organization that manages the Piraeus-Kifissia electric train and the Greek capital’s tram.
Thomopoulos also said that an upgrade of outdated ticket-issuing machines will help reduce the long lines at ticket counters or e-machines, which occur at the beginning of each month as people rush to renew their monthly passes or load more tickets on their cards.
Among other issues, the company is considering upgrading the subsystems of electric trains, following the last major upgrade that ended in 2010.
”Some of the trains have reached the 30-year life limit and targeted upgrades would allow an extension of that for at least another 15 years,” Thomopoulos said.
With information from A.M.N.A.

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