Jul 09 2011 |
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Dubai Taxi posts Dh114 m in profit in 2010
Dh864 million in revenues, Taxi fleet ran 82 m trips lifting 164.7 m passengers last year
He also stated that total expenditures of the DTC in 2010 were Dh597.497 million compared with Dh545.821 million in 2009.
Al Tayer also revealed that net profits posted by DTC increased from Dh103.6 million in 2009 to Dh114.695 million in 2010 recording in the process an 11 per cent increase rate after the deduction of the franchise fees paid by DTC to the Public Transport Agency against the use of number plates amounting to Dh152.959 million.
He further stated that DTC 's operational efficiency also increased from 92 per cent in 2009 to 93 per cent in 2010, whereas the number of productive kilometers increased by 6 per cent when compared with 2009 figures.
DTC also launched several motivational initiatives for cab drivers including the Ideal Cabdriver Award (Drivers Performance System) for which Dh2 million were set aside as prizes, and also initiated the Distinguished Cabdriver Award, stepped up the surveillance control on taxis, and launched Awselni service to run a shuttle service for cabbies between DTC office and drivers accommodation under a contract made with a company which deployed three buses to run the service."
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