Egged to transfer 17% of its routes to other operators

June 23, 2010 17:29


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user uxperience almost completely free of ads
  • Access to our Premium Section and our monthly magazine to learn Hebrew, Ivrit
  • Content from the award-winning Jerusalem Repor
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

The Ministries of Finance and Transport released a joint statement on Wednesday announcing they had reached an agreement with Egged Bus Company to transfer 17 percent of its operations to competition by other bus operators.

 After lengthy negotiations, the Finance and Transportation ministries came to an agreement with Egged Bus Company regarding the advancement of competition on public transportation over the next decade. The agreement, which is scheduled to be signed on Sunday in Jerusalem, will determine the method by which 17% of the companies operations will be released for open competition by other operators, gradually, over the course of the next five years.

According to the statement, the competition will allow the continued development of the public transportation industry, while establishing the status of the new public transport operators and ensuring improvement in the level of services provided by Egged.

Related Content

Breaking news
July 21, 2018
More than 100 report sexual misconduct by late Ohio State doctor