Table Of Contents - Chicago Transit Authority
Table Of Contents - Chicago Transit Authority
Table Of Contents - Chicago Transit Authority
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4.4.2 Global Express Service Benchmarks<br />
CTA Express Airport Train Service Business Plan<br />
Looking to worldwide benchmarks, the average price of a one-way express airport train journey is 34% of<br />
the taxi fare. Applying this logic to <strong>Chicago</strong> yields a chosen range of $12 to $17 for O’Hare and $9 to $13<br />
for Midway.<br />
100%<br />
90%<br />
80%<br />
70%<br />
60%<br />
50%<br />
40%<br />
30%<br />
20%<br />
10%<br />
0%<br />
Tokyo Skyliner<br />
9%<br />
Tokyo Narita Express<br />
13%<br />
London Stansted<br />
Figure 2: Premium Airport Train Fare as a % of Taxi Fare<br />
O’Hare<br />
Midway<br />
17% 17% 18%<br />
New York<br />
Milan<br />
34%<br />
$12<br />
$9<br />
Rome<br />
21% 22%<br />
London Gatwick<br />
50%<br />
$17<br />
$13<br />
Hong Kong<br />
26%<br />
Vienna<br />
30%<br />
32% 34%<br />
Oslo<br />
Benchmark Average<br />
London Heathrow<br />
40%<br />
Brisbane<br />
44% 44%<br />
Sydney<br />
Stockholm<br />
Sources: Company websites; company interviews, www.toandfrom.org, and airport websites.<br />
4.4.3 <strong>Chicago</strong> Market Benchmarks<br />
48% 50%<br />
Toronto<br />
Kuala Lumpur<br />
54%<br />
Johannesburg<br />
Taxi is currently the most popular service to/from the <strong>Chicago</strong> airports, and is also an expensive option.<br />
CTA local trains are the least expensive option, by a wide margin. All services, except for the CTA local<br />
trains, enable customers to purchase tickets at either a group discount or to add passengers at nominal<br />
cost.<br />
<strong>Table</strong> 6: <strong>Chicago</strong> Airport Travel Pricing Benchmarks<br />
Airport Transportation Option Approx. Midway Pricing Approx. O’Hare Pricing<br />
Taxi $25 to $28 $35 to $40<br />
Express Bus $19 $24<br />
CTA Local Train $2 (cash fare) $2 (cash fare)<br />
Private Car Parking + Fuel Parking + Fuel<br />
Hired Car Service / Limousine $65 to $85 $65 to $85<br />
32<br />
96%