> I don't believe the London Underground has ever been profitable.
The subsurface lines were profitable for at least their first 50 years. Oddly, their profitability started to tumble at about the same time as the rise of the automobile, reinforced by the foreign-based urban renewal blitz that occurred a couple of decades later in which many homes and places of employment were forced to relocate.
The subsurface lines were profitable for at least their first 50 years. Oddly, their profitability started to tumble at about the same time as the rise of the automobile, reinforced by the foreign-based urban renewal blitz that occurred a couple of decades later in which many homes and places of employment were forced to relocate.