THE Light Rail Transit Authority (LRTA), operator of Light Rail Transit Line 2 (LRT-2), recorded 58.75 million passengers in 2025, up 10.25% from the previous yearTHE Light Rail Transit Authority (LRTA), operator of Light Rail Transit Line 2 (LRT-2), recorded 58.75 million passengers in 2025, up 10.25% from the previous year

LRTA logs 58M passengers in 2025

THE Light Rail Transit Authority (LRTA), operator of Light Rail Transit Line 2 (LRT-2), recorded 58.75 million passengers in 2025, up 10.25% from the previous year on the back of stronger fourth-quarter ridership.

“October was the month with the highest number of passengers, totaling 5.85 million ridership, a testament to the public’s continued trust in LRT Line 2 as a safe and reliable mode of transportation for daily travel,” LRTA said in a media release on Tuesday.

LRTA closed 2025 with passenger traffic above expectations, reaching beyond its 57.15-million target for the year and outpacing the 53.29 million riders recorded in 2024.

It also said it logged three million passengers who have availed the Department of Transportation’s (DoTr) free ride program for 2025.

On Monday, LRTA said it is projecting fare collections of P1.1 billion in 2026 on a ridership of 60.62 million.

The LRTA said average daily ridership will be about 165,624 passengers. If the LRTA target for the year is realized, the total will exceed the pre-pandemic passenger count of 56.98 million in 2019.

For the January-to-November period of 2025, LRTA said revenue collections amounted to P1.16 billion, down 0.85%. The LRT-2 operator is targeting a rail revenue of P1.38 billion for full year 2025.

Last year, the Transportation department said it is planning to launch the bidding process for the LRT-2 operations and maintenance contract within the first six months of 2026.

The DoTr is working with International Finance Corp. to privatize LRT-2, with a public-private partnership expected to increase ridership and extend the rail line. — Ashley Erika O. Jose

Market Opportunity
Bitlight Labs Logo
Bitlight Labs Price(LIGHT)
$0.4433
$0.4433$0.4433
-3.14%
USD
Bitlight Labs (LIGHT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Michael Saylor Teases Another Bitcoin Buy As MSTR Stock Dips to Five-Month Lows

Michael Saylor Teases Another Bitcoin Buy As MSTR Stock Dips to Five-Month Lows

The post Michael Saylor Teases Another Bitcoin Buy As MSTR Stock Dips to Five-Month Lows appeared on BitcoinEthereumNews.com. Michael Saylor, executive chairman of Strategy, remains committed to aggressive Bitcoin acquisitions despite market skepticism. In a recent interview, he hinted at further purchases and accused short sellers of amplifying negative sentiment through bot attacks. Saylor Hints at More Bitcoin Buys Despite MSTR Stock Dip In the conventional Sunday Post on X, Michael Saylor has hinted that his Strategy will continue to purchase Bitcoin. This comes as the company navigates online criticism and market volatility. In an interview with podcaster Natalie Brunell, Saylor shared his conviction that Bitcoin is a valuable long-term investment, despite recent fluctuations. MicroStrategy’s (MSTR) stock recently hit a five-month low of $323 per share, down by 16%. In the meantime, Bitcoin experienced only an 8% decline from its peak.  Source: Google; MSTR Stock Price-September 22nd, 2025 Despite these market dips, Saylor emphasized that the company’s Bitcoin strategy is the best path forward. According to Saylor, the continuous Bitcoin acquisition is central to Strategy’s business model, and he expressed confidence in the asset over time. His remarks show Strategy’s undeterred ambition to stack more BTC during market dips. Strategy Continues Its Bitcoin Acquisition, Now Holding 638,985 BTC Under Saylor’s leadership, Strategy has become a major player in corporate Bitcoin ownership. The company has spent $47 billion on Bitcoin at an average price of $73,913 per BTC. It purchases the asset in bulk, often during price dips. The latest Strategy Bitcoin acquisitions include 1,955 BTC for $217.4 million at an average price of $114,562 per Bitcoin and 525 BTC for $60.2 million at $111,196 per Bitcoin. As of now, Strategy holds a total of 638,985 BTC worth $73.95 billion.  Although Bitcoin’s price briefly peaked at $113,000 before dipping back below $108,000, Saylor remains undeterred. He continues the company’s strategy of acquiring Bitcoin at advantageous prices. MicroStrategy’s position now…
Share
BitcoinEthereumNews2025/09/22 11:10
Here’s the XRP Price If UK Parliament Declares Ripple Key to Global Payments

Here’s the XRP Price If UK Parliament Declares Ripple Key to Global Payments

Ripple’s XRP is trading around $3.00 today, but a new development out of the UK could change everything. According to a tweet from X Finance Bull, Ripple and its token XRP are now being discussed at the UK Parliament as critical infrastructure for global payments.  This isn’t just industry chatter anymore. Lawmakers are looking at
Share
Coinstats2025/09/22 02:00
Watchdog frowns on BARMM move to remove ‘none of the above’ from ballots

Watchdog frowns on BARMM move to remove ‘none of the above’ from ballots

POLLS. Residents queue to vote for the BARMM local elections, at the Ragondingan Central Elementary School, Buadiposo-Buntong, Lanao Del Sur, on May 12, 2025.
Share
Rappler2026/01/21 09:20