All public transport runs on infrastructure, either on roads, rail, airways or seaways; all consists of interchanges and way. The infrastructure can be shared with other modes of transport, freight and private transport, or it can be dedicated to public transport. The latter is especially true in cases where there are capacity problems for private transport. Investments in infrastructure are high, and make up a substantial part of the total costs in systems that are expanding. Once built, the infrastructure will further require operating and maintenance costs, adding to the total costs of public transport. Sometimes governments subsidize infrastructure by providing it free of charge, just like is common with roads for automobiles.The main sources of financing are ticket revenue, government subsidies and advertisement. The percentage of revenue from passenger charges is known as the farebox recovery ratio. A limited amount of income may come from land development and rental income from stores and vendors, parking fees, and leasing tunnels and rights-of-way to carry fiber optic communication lines.
Most—but not all—public transport required the purchase of a ticket to generate revenue for the operators. Tickets may either be bought in advance, at the time of the ride, or the carrier may allow both methods. Passengers may be issued with a paper ticket, metal or plastic token, or an electronic card. Tickets may be valid for a single (or return) trip, or valid within a certain area for a period of time. The fare is based on the travel class, either as a function of the traveled distance, or based on a zone pricing.
Most—but not all—public transport required the purchase of a ticket to generate revenue for the operators. Tickets may either be bought in advance, at the time of the ride, or the carrier may allow both methods. Passengers may be issued with a paper ticket, metal or plastic token, or an electronic card. Tickets may be valid for a single (or return) trip, or valid within a certain area for a period of time. The fare is based on the travel class, either as a function of the traveled distance, or based on a zone pricing.
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