The Egged Public Transportation Co-op
's leading bus company, and in fact is the world's second largest public transport
line behind London Transport
. Over 4,200 drivers run the fleet of 3,250 MAN
buses, wich carry each day one million passengers on 1,034 urban and inter-urban lines for more than 635,500 kilometers, representing 60% of the country’s public transport use. The company was founded in 1933.
The government determines which routes Egged will take, and also sets the schedule of fares. The government provides a subsidy to the bus company, who must also charge reduced fares to special categories of passengers.
I guess the joke that the company was named after what exactly happens to an Israeli bus when it drives through the Palestinian Territory is a bit stale.