ComfortDelGro increases taxi fares for the 1st time in 10 years
The move aimed to help cab drivers defray higher operating costs.
ComfortDelGro has announced on 8 February it will increase its taxi fares, its first adjustment in 10 years. The new fares will come into effect on 1 March.
The adjustments are as follows:
- A 20-cent increase in flag-down fare across the entire fleet of taxis. This means the flag-down fare of the Hyundai i-40 taxi will increase from S$3.70 to S$3.90, while that of Toyota Prius, Hyundai Ioniq, Kona as well as LimoCab and MaxiCabs will increase from S$3.90 to $4.10;
- A two-cent increase for the distance-timed rates from $0.22 to $0.24 for every 400m (or 350m
- after 10km) for normal taxis, and a three-cent increase from $0.30 to $0.33 for limousines;
- A two-cent increase from $0.22 to $0.24 for every 45 seconds of waiting time for normal taxis, and a three-cent increase from $0.30 to $0.33 for limousines.
All other fare tariffs remain unchanged.
With this adjustment, the estimated fare for a 10km off-peak normal taxi trip is estimated to increase by 7.7% or $0.84 from $10.98 to $11.82.
ComfortDelGro Taxi CEO Jackson Chia said, "Our cabbies' welfare is important. As a company, we have done the best we can to help them in the last two years, including extending daily rental waivers till now. With rising fuel costs and inflation, the earnings of our cabbies have been hard hit. This fare adjustment will help our cabbies defray the higher costs of operation. Given that the last fare revision was more than a decade back, we seek the understanding and support of our commuters."
The move was necessitated due to higher operating costs resulting from rising fuel prices and inflation. In the last six months alone, fuel prices have increased by about 10% on average, in line with rising oil prices as world economies continue to emerge from the pandemic.