Fares

The amount of money a passenger pays for a journey by public or private transportation. Fares can vary based on distance, time of day, mode of transport, and class of service. They represent the cost of utilizing a transportation service and can be collected through various methods, including tickets, passes, and electronic payment systems. Determining and adjusting Fares is a complex process that factors in operational costs, market demand, and governmental regulations. They are vital to the financial sustainability of transport services.

Fares meaning with examples

• Commuters were disgruntled when the train Fares were hiked by 15% this month, citing the increasing cost of living. The new Fares were announced on the transport authority's website and were implemented to cover maintenance costs. Many passengers were exploring alternatives like carpooling to avoid the expensive fares. The city council is considering subsidizing public transport Fares for low-income residents.
• After a sudden surge in demand during the holiday season, taxi Fares were dynamically adjusted using a surge pricing model. The higher Fares incentivized drivers to work during peak hours. Ride-sharing services are known for having their app offer competitive Fares during off-peak times. Passengers compared the taxi Fares to public transportation rates to determine the most affordable option.
• Bus Fares can be paid using contactless cards, simplifying the payment process for passengers. Children and senior citizens are usually eligible for reduced Fares on public transport. The transport company also offers monthly travel passes for passengers who frequently take the bus. A ticket inspector checked passengers to ensure they had paid their Fares, handing out fines to those who had not.
• The airline's baggage fees, on top of the air Fares, made the total travel costs very high. Air Fares tend to fluctuate significantly based on the time of booking and season. Some travel websites offer comparisons of air Fares to help customers find the best deals. The airlines' business model relies on balancing Fares with customer services. Budget airlines often keep their Fares low by eliminating in-flight services.
• The subway system's fare structure is based on a zone system, impacting the Fares travelers paid. Passengers are encouraged to use the automated fare gates which read payment cards. Special Fares are offered to students during off-peak hours to make travel more affordable. The subway operator announced plans to introduce integrated Fares with other modes of public transport, promoting smoother travel.