Starting next Monday, July 21, the Metro do Porto will implement its summer schedule, as announced by the company in a statement this Wednesday.
The transport company explained that these schedule adjustments will be “as always, tailored to the mobility trends of our users,” according to a statement accessed by Notícias ao Minuto.
“In a period marked by school holidays and increased flow to areas typically associated with leisure, the Metro redirects its offer also considering these two factors,” the released note reads.
One Line Stands Out
Metro do Porto explained that there is one line that will see a significant adjustment: the Blue Line.
“Particularly notable is the Blue Line (A), which, on weekdays from 5:00 PM to 8:00 PM, will operate with six vehicles every ten minutes in both directions,” the disclosed statement notes.
Additionally, on the Yellow Line (D), “it is equally noteworthy that there will be six trips per hour, in both directions, during the morning and afternoon peaks, during the week.”
You can check here the summer schedules of Metro do Porto and the alternative transportation schedules.
Metro do Porto Reduces Losses in 2024
Metro do Porto reduced its losses by 70.3% in 2024, down to 13.4 million euros, after recording a negative result of 45.4 million euros in 2023, according to the Report and Accounts released in May.
Over recent years, Metro do Porto has been improving its financial results, registering losses of 91.1 million euros in 2019, 90.7 million in 2020, 64.7 million in 2021, 46.1 million in 2022, and 45.4 million in 2023.
In a statement to the media, the transport company also stated that profits before interest, taxes, depreciation, and amortization (EBITDA) reached 61.9 million euros in 2024, reflecting a 17% increase compared to 2023.
Last year, the company led by Tiago Braga executed “an investment exceeding 202 million euros,” embodied in the completion of the Yellow Line extension to Vila d’Este (17.3% of the investment in expansion), the continuation of the Pink Line work (43.9%), the award and commencement of construction of the Ruby Line (25.9%), and the completion of the metrobus/BRT project linking Boavista to Império.
“The environmental and social benefits of Metro do Porto’s operation reached 274.5 million euros in 2024,” according to the company.
This year, it is forecasted to “continue with the various ongoing expansion projects,” the “award and commencement of phase II of the metrobus/BRT project linking Boavista to Anémona,” and the “preparation and launch of the international public tender for selecting the next subcontractor for the Operation and Maintenance of the System.”
