Las Vegas Monorail Users Increase
January 22, 2008
The Las Vegas monorail saw a large increase in riders last year, with almost 8 million users, nearly a million more than in 2006. Unfortunately it is still not turning an operating profit from the fares received, and in fact this month had to use cash reserves in order to pay a schedule bond payment. It is estimated that these reserves will enable the monorail to run until 2010.
The operators are still trying to secure financing to fund an extension to McCarran airport, which I believe would be a great idea and would raise higher even still the amount of users the monorail has. Heck, even I might use it then!
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