Cable cars generate €12.8m

Over 1m tickets sold

Funchal - Monte cable car
Funchal – Monte. One of the island’s cable cars

The Diario reports that in 2022, 1.1 million tickets were sold to users of the Region’s cable cars (+110.5% compared to 2021 and +13-9% compared to 2019), 92.9% of which for adults, 4.8 % for children and the remaining 2.3% for other types of users (eg farmers, residents, students, etc.).

The data, released today by the Regional Directorate for Statistics of Madeira, show that, in the same year, total revenues from cable cars amounted to €12.8 million, corresponding to a growth of 147.8% compared to 2021 (+20.6% compared to 2019).

In these transport statistics for the year 2022, it should be noted that, in the 4th quarter of 2022, the number of tickets sold grew (+43-4%) compared to the same period of 2021 (+29.2% compared to the same period in 2019).

The volume of revenues was around €3.3 million, representing an increase of 57-9% compared to the same quarter of 2019 (+33-4% compared to the same quarter of 2019).

Part of this post was replicated on the copyblog

COVID-19 in Madeira: updates can be found in an earlier post

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