Transtejo Wants to Cut State Funding in Half — By Turning Ferry Terminals Into Shopping Hubs and Selling Tickets to Cristo Rei
Transtejo-Soflusa, the state-owned ferry operator that connects Lisbon to the south bank of the Tejo, loses more than €20 million a year. But its new president, Rui Rei, believes he can cut that deficit in half—not by raising passenger fares, but by...
