The World - News from Oct. 20, 1988
A few private Peruvian buses, threatened with the loss of transit licenses, returned to Lima’s streets in the first signs of a weakening in a three-day-old strike. Mayor Jorge Del Castillo has canceled the operating permits of 12 striking companies and has threatened to revoke more permits. The 12 operate 1,500 of the estimated 10,000 buses that serve the capital, picking up about 8.2 million fares daily. Private bus owners--who supply 90% of the public transport in Lima--are demanding higher fares to keep pace with runaway inflation.
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