Contrary to the chatter in the media, Citi Bike is alive and growing.
This week we welcomed our 100,000th Annual Member and our riders pedaled their 7 millionth mile.
Last Friday and Saturday as the temperatures climbed above freezing riders took over 20,000 trips each day. We are preparing for and eagerly awaiting Spring when we expect even more people to enjoy the fun and convenience of Citi Bike, heading back to our warm weather average of 36,000 trips per day.
There are pieces of news that have come out about our system in recent days that we wanted to address here directly.
First, our parent company, Alta Bicycle Share is looking for investors to help grow Citi Bike into new neighborhoods and communities. Unlike other bike share systems in other cities that have public investment Alta must turn to private investors to help grow our system here. Alta is financially sound and is more committed than ever to making bike share a daily part of American life across the country.
Second, our General Manager will be departing in the coming weeks. He saw us through the launch of the largest bike share system in North America, including deployment of 332 stations and 6,000 bikes in a record short time frame. He will be moving on to a company that manages complex, large scale construction projects. We wish him the best in his new endeavors and welcome Eddie Inlow, former General Manager of Divvy Bikes in Chicago and current COO of Alta Bicycle Share, who will oversee general operations as we conduct a national search.
We thank all of our members and riders for their support over the past year and over the past week. We want you to know that we are committed to providing the best service possible and continuing to work with you to make this not only the biggest, but the best bike share system.