Transantiago deficit reaches $800 million in 2019 the highest in a decade

Red Metropolitana de Mobilidad (Red), Santiago de Chile public transport system formerly known as Transantiago, registered in 2019 a deficit of CL$ 607,118 million ($ 809 million), the highest since 2009. Affected by social unrest, operational revenues in Q4 fell 29% in relation to the last quarter of 2018, and costs fell 19%. Red is financed with the fees paid by users and with state funds.

Source: La Tercera