Fri, Dec 28, 2012 - Page 3 News List

High-speed rail prices to stay same

By Shelley Shan  /  Staff reporter

“All I can say right now is that there is hope of solving the company’s financial problems,” Mao said, adding that the problems would be addressed in multiple phases.

Mao also said that adjusting the ticket price could change the company’s proposed financial plan.

BHSR Director-General Chu Shu (朱旭) announced that the train schedule would have to be adjusted after the addition of a new train that arrived on Sunday last week.

He said that the Fair Trade Commission has looked into complaints about the company’s “early-bird packages.”

THSRC executive officer Ou Chin-der (歐晉德) said the company has limited room to lower ticket prices.

“If we want to cover our losses, the bank could lower [our loans’] interest rates and the government could give us more years to operate the high-speed rail system. Then we may be able to talk about lowering ticket prices,” Ou said.

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