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The promised cut in fares is 7%.
The tube takes about £1.5bn a year in fares.
Drivers also voiced longstanding demands for an increase in fares.
The agency collects $2 billion annually in fares.
Does driving a Lexus taxi mean more money in fares and tips?
But some airports, where the number of carriers has fallen, have had steep increases in fares.
"Facilities and safety measures will improve with an increase in fares," he told reporters.
In 2009 the Greek railway collected just €174m ($250m) in fares and other revenues.
"One way or the other, it's going to be reflected in fares.
It opened last Monday, just in time to ease the pain of an increase in fares.
A hike in fares means you might have to cut a bit less deeply.
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