please empty your brain below
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If you want to travel on the dangle way at any time and get your own pod, take a dog. The staff will try to put you in a pod of your own.
Will | 20.12.15 - 8:35 a.m. | #
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The number that surprised me most is that it's apparently profit-making.
Madison | 20.12.15 - 8:45 a.m. | #
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Figures tabled at TfL's most recent Board meeting confirm that the cablecar has made £1m profit since it opened.
One million pounds might sound a lot, but
a) the Dangleway cost £60m to build
b) TfL paid £16m of that
c) over the 3½ years since summer 2012, that £1m profit works out at about £800 a day
diamond geezer | Homepage | 20.12.15 - 9:02 a.m. | #
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It's a great facility and resource for London. I love it.
Agent Z | 20.12.15 - 10:22 a.m. | #
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I've only used it once, but it was that week, so I've been counted! Tuesday morning around 10.30 and I had a cabin to myself. The only thing I did 'wrong' was to travel from Greenwich to ExCel.
Amanda | 20.12.15 - 11:40 a.m. | #
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I've still not used it and not being good with heights I am very unlikely to ever use it. I don't think I've missed out. Apart from the Romford - Upminster line it must be the only bit of transport infrastructure in London I've not used. Heck I've even used the Woolwich Free Ferry although it took me 30+ years to do that.
PC | 20.12.15 - 12:04 p.m. | #
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How much interest would have been earned on £ 60m if the dangleway hadn't have been built, if the £ 60m had been loaned from the commercial market, then after interest there would still be a loss, if it was lumped in with the National Debt, after interest payments, still a loss.
Effectively its a state run fairground attraction, only profitable if you ignore the laws of business.
No doubt if you paid a consultancy a large fee, they will conjure up spending that could only have occurred because the dangleway was built.
| 20.12.15 - 12:27 p.m. | #
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As part of London's tourist infrastructure, it's fine. May make a profit, or maybe not, depending on how you count it and what side-benefits you suppose might have arisen from its existence.
The one thing that I still object to (though it's water under the thing now) is that the public subsidy came from the transport budget. But as scandals and disgraces go, this one is pretty small-scale.
Malcolm | 20.12.15 - 12:39 p.m. | #
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Oooh, nice work DG. The one thing that's struck me after a few years of this is that the more I discover about the Dangleway, the more questions I find need answering...
Darryl | Homepage | 20.12.15 - 7:58 p.m. | #
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What will Boris's period as mayor be remembered for? Overheating buses, blue paint on the roads (surprised it has not changed to red paint, with the change of sponsor for the bikes), white elephant cablecar, white elephant bridge project with planters, white elephant airport scheme next to thousands of tons of unexploded munitions. He is the great master of white elephants. At least the Boris-bikes seem to be reasonably successful.
Andrew | 20.12.15 - 8:00 p.m. | #
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One answer I can give to a point you raise - if I remember correctly, the sponsorship contract with Emirates is for the cable car to be open at certain times of day, so they can't close it during the morning rush hour. That said, ridership appears to be up early in the mornings over the years, albeit from an incredibly low base (and not to particularly high numbers either).
Darryl | Homepage | 20.12.15 - 8:01 p.m. | #
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At least the Boris-bikes seem to be reasonably successful.
But not in the way that Johnson intended - they were also meant to be profit-making, but they have always made a loss. (https://londonist.com/2015/11/cycle-hire-greenwich)
Darryl | Homepage | 20.12.15 - 8:49 p.m. | #
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OFF-TOPIC KLAXON
| 20.12.15 - 9:48 p.m. | #
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Like others I'm firmly of the conviction that the Dangleway will never become what it was sold to London to be, until its properly integrated into London's ticketing systems. And the figures here sum that up perfectly. It may make a (modest) profit, but this is supposed to be public transport. I am hoping that a change of mayor will finally see this sorted out. We should be frankly embarrassed to call this public transport. It's anything but.
And I hope Darryl, you'll keep asking those questions.
Andrew Bowden | Homepage | 20.12.15 - 10:00 p.m. | #
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It is telling that 8-9pm on a Saturday in October (that is, after dark) is busier than any single hour in the previous working week. And even that hour sees fewer than three people each way each minute. 9-10pm on a Saturday is about as busy as each hour in the working day, around 200 per hour. Essential transport infrastructure this is not.
Andrew | 20.12.15 - 10:35 p.m. | #
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Looks like Johnson is a perfect candidate of HK Chief Executive. China needs a figure like him to spend HK treasury like hell so that communist entities could take over.
Patrickov | 21.12.15 - 12:37 a.m. | #
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Lots of things suck until they become of use. It might take 15 years though.
Kevin | 21.12.15 - 7:56 p.m. | #
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