Questions to the Mayor of London – answered at on 23 May 2022.
With reference to your answer to 2022/0915, what assessment has taken place to determine what measurable impact the ongoing restrictions on free travel before 9:00am for 60+ Oyster Card and Freedom Pass holders have had on TfL’s finances?
Transport for London (TfL) estimates that the restrictions on free travel before 9:00am for 60+ Pass and Freedom Pass holders will increase fares income by an amount in the region of £15m if they are retained for the remainder of this financial year. TfL is currently undertaking a review of the current restrictions.
As you know, the pandemic has taken a huge toll on TfL’s finances and this additional income will help to fund services for all Londoners as the capital recovers from the pandemic, while still providing free bus and rail travel for older Londoners from 9:00am on weekdays and all day on weekends and bank holidays.