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But some airports, where the number of carriers has fallen, have had steep increases in fares.
But in time if sterling continues to be weak, you are looking at increases in fares," he said.
However, large increases in fares have not only become unpalatable for poorer members of society, but also politically unacceptable.
Sharp increases in fares are to be announced by the transport secretary, Alistair Darling, in the next few days.
So all Ken's really promising is to do more to limit increases in fares then a hypothetical second term Boris would.
If the Legislature approves the recommendations, the authority could end up with a budget that contains less severe cuts in service and smaller increases in fares.
Similar(45)
However, the authority's latest 2010 budget plan, released on Nov. 18, calls for 7.5percentt increases in fare and toll revenue in 2011 and 2013.
This reduces the urgency to build Crossrail (and further weakens TfL financially, since planned increases in fare revenues will not happen).
Drivers also voiced longstanding demands for an increase in fares.
It opened last Monday, just in time to ease the pain of an increase in fares.
Each 1percentt increase in fares and tolls generates an additional $50 million in revenue a year.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com