Harel noted that Israel Railways projected an 8-9% increase in passenger traffic in 2008 due to a severe shortage of rolling stock
Israel Railways CEO Yitzhak Harel said at a Ministry of Transport conference held last Friday that the number of train passengers has risen 15% since January 2008. He added that Israel Railways' revenue was up for the period by 13.5%
The increase in passengers has been driven by rising petrol prices which have pushed commuters to use more railway services.
Harel noted that Israel Railways projected an 8-9% increase in passenger traffic in 2008 due to a severe shortage of rolling stock.
The shortage because of delay in deliveries by Siemens AG has forced Israel Railways to increase the number of trains by operating obsolete rolling stock.
Israel Railways CEO: Commuters switch to trains as petrol prices up
Harel noted that Israel Railways projected an 8-9% increase in passenger traffic in 2008 due to a severe shortage of rolling stock
16.06.08 / 00:00
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