London Underground fares are the largest contribution to overall revenue of Transport for London (TfL). The Tube reported a passenger income of *** billion British pounds in the financial year 2023/24, up from *** billion reported a year earlier. Overall, TfL generated revenue worth over **** billion British pounds from all the services in the financial year 2023/24.Ìý
Tube transports almost *** billion passengers
Around *** billion passenger journeys were made on the London Underground in 2023/24. Passenger numbers had dropped by ** percent between 2019/20 and 2020/21, due to the COVID-19 pandemic. In 2023/24 passenger numbers recovered to around ** percent of pre-pandemic figures.Ìý
London's Transport Strategy
Air quality has become an important topic of discussion for Londoners. With the introduction of the Ultra Low Emission Zone in the city center in 2008, residents and visitors to the capital are encouraged to use public transport, carry out their journeys cycling or on foot or switch to less polluting cars. The zone was expanded to include all London boroughs in August 2023.
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Transport for London. (June 6, 2024). Transport for London passenger income from 2015/16 to 2023/24, by type (in million British pounds) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 31, 2026, from /statistics/411064/transport-london-fare-revenue-uk/
Transport for London. "Transport for London passenger income from 2015/16 to 2023/24, by type (in million British pounds)." Chart. June 6, 2024. ÌÇÐÄÆÆ½â°æ. Accessed July 31, 2026. /statistics/411064/transport-london-fare-revenue-uk/
Transport for London. (2024). Transport for London passenger income from 2015/16 to 2023/24, by type (in million British pounds). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 31, 2026. /statistics/411064/transport-london-fare-revenue-uk/
Transport for London. "Transport for London Passenger Income from 2015/16 to 2023/24, by Type (in Million British Pounds)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 6 Jun 2024, /statistics/411064/transport-london-fare-revenue-uk/
Transport for London, Transport for London passenger income from 2015/16 to 2023/24, by type (in million British pounds) ÌÇÐÄÆÆ½â°æ, /statistics/411064/transport-london-fare-revenue-uk/ (last visited July 31, 2026)
Transport for London passenger income from 2015/16 to 2023/24, by type (in million British pounds) [Graph], Transport for London, June 6, 2024. [Online]. Available: /statistics/411064/transport-london-fare-revenue-uk/