Our Ref:         FOI-0411-2021

Thank you for your request received on 17 June 2020 asking for information about Santander Cycle Hire figures.

Your request has been considered in accordance with the requirements of the Freedom of Information Act and our information access policy. I can confirm we do hold the information you require.

We recently announced an expansion of the Santander Cycles scheme to keep up with the unprecedented demand. There were 52,160?Santander Cycle hires on Thursday 25 June – with Wednesday 24 June?the first time there has?been more than 50,000 hires on a normal working day. In response to this, we are making 1,700 additional Santander Cycle bikes available, bringing the total to more than 14,000 - an increase of nearly 15 per cent and the largest single increase in bikes for the scheme since 2013. Eight new docking stations are also being installed?this summer?to ensure more Londoners than ever have access to the bikes.?

You asked:

How many Santander bikes have been hired since March 2020 - compared to the same time frame in 2019. And how much profit have they made.

Between 1 March 2020 – 23 June 2020 there have been 3,123,256 hires. The table below highlights the increases/decreases in hires by month compared to 2019:

 2019 2020 Vol Diff % Diff
March 792,461 553,561 -238,900 -30%
April 890,421 591,200 -299,221 -34%
May 1,006,854 1,120,991 114,137 11%
June (to 23)* 735,938 857,504 121,566 17%
Total 3,425,674 3,123,256 -302,418 -9%
(*Please note that the data for both 2019 and 2020 is up to 23 June so that a direct comparison can be made)

Please see the table below for information on our profit and loss:

    2020/21 YTD*
Income (£) Sponsorship 978,386
  Fares 4,033,587
  Other 46,412
  Total 5,058,385
Expenditure   -2,849,509
Operating Surplus   2,208,876
(*Year to Date (YTD) up to the end of P2, from 1 April to 30 May inclusive)

The surplus is used to part fund other modes of transport within TfL.

If this is not the information you are looking for please feel free to contact me.

The impact of current circumstances on TfL’s resources means we are not able to answer FOI requests readily and we ask that you please do not make a request to us at present.
 
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Please see the attached information sheet for details of your right to appeal.

Yours sincerely

Gemma Jacob
Senior FOI Case Officer
FOI Case Management Team
General Counsel
Transport for London

[email protected]