Community of Metros News: Latest Virtual Events

COMET has held two webinars in February and March 2022 on the topics of Efficient Maintenance and Inspections, and Sustainable Fares and Funding.

COMET originally aimed to study the efficiency of maintenance and inspections pre-pandemic in 2019. The aim of the study is to explore the resources metros spend on maintenance and inspections in more granular detail than has been previously possible, as well as the factors influencing their maintenance and inspection regimes. 40 metros attended the webinar with supporting presentations from Nanjing Metro and Bay Area Rapid Transit (BART) in San Francisco.

Extract from Efficient Maintenance and Inspections webinar

In March, the Sustainable Fares and Funding webinar took place with 32 metros in attendance. Financial benchmarking of metros, fares and funding continue to be longstanding areas of research and interest in COMET. Revenue from fares is the largest source of income for metros. Increasingly, uncertainty over demand caused by COVID-19 and cost pressures worldwide highlight the importance of a predictable, stable fare regime. The webinar included presentation and discussion of fare structures, fare levels, and concessionary fares, as well as long-term capital planning and funding considerations for metros.