IMPACT OF THE BUS AGE ON REVENUE EARNINGS CAPACITY - A STUDY IN A PUBLIC SECTOR STATE ROAD TRANSPORT CORPORATION

Pulipati Seshagiri Rao; Dr. B.Dattatreya Sarma

Volume : VII, Issue : I, January - 2018

IMPACT OF THE BUS AGE ON REVENUE EARNINGS CAPACITY - A STUDY IN A PUBLIC SECTOR STATE ROAD TRANSPORT CORPORATION

Pulipati Seshagiri Rao, Dr. B. Dattatreya Sarma

Abstract :

After economic liberalisation in India, the relevance of competition has exponentially increased. The passenger road transport sector is no exception to this phenomenon. In contrast there has been an exponential growth of personalised and other modes of transport during the last two decades .One of the reasons for increasing the personalised and other modes of passenger transport is the continues degeneration in quality of services by the public transport system and raising level of expectations of public/ passengers.

The revenue earnings capacity of a bus depends on the number of passengers traveling in the bus subject to number of seats available in the bus and vehicle productivity in terms of kilometers. This depends upon the patronage of passengers in a competitive environment where passengers are having choice to choose other modes of private vehicles to perform their journey.

Though it is general known phenomenon, that aged or old buses are not preferred to travel ,but the degree of impact and bus age wise impact is a matter to take the managerial decisions , like vehicle replacement and vehicle repairs and maintenance systems related issues. .

The influence of the bus age on the reliability of the bus running and its revenue earnings capacity is studied with a sample of 2107 buses operating in Andhra Pradesh State Road Transport Corporation (APSRTC), which is a state public sector under taking.

A survey on passengers perception on vehicle age and their degree of preference is also conducted and discussed in this paper.

The study and survey results clearly revealed that the revenue earnings capacity of a bus is significantly influenced by bus age, in spite of having professional preventive , bus maintenance systems are in place.

SUMMARY

The 2107 buses are segregated in15 groups according to their age in terms of kilometers run from the inception. The earnings per bus (EPB) realized in one year is taken. The vehicle reliability in terms of in service eak downs and garage repairs , as reported by service drivers also analysed to study its impact on the vehicle reliability with age of the bus and consequential influence on the bus earnings capacity.

A survey on passengers perception on vehicle age and their degree of preference is also conducted and discussed in this paper.

The study and survey results clearly revealed that the revenue earnings capacity of a bus is significantly influenced by bus age, in spite of having professional preventive , bus maintenance systems are in place.