The scheme was due to end tomorrow
Bus fares will remain capped at a maximum of £2 until the end of March.
The three-month trial began in November as part of measures to support residents and businesses through the winter.
The scheme was due to end tomorrow but has now been extended while a review of pricing is concluded.
Commenting on the extension, Infrastructure Minister Chris Thomas said the fare cap has resulted in a small increase in passengers and seen added value and savings for existing users.
Will the impending arrival of Wetherspoons to Manx shores impact the local music scene?
Creamery exports expected to grow despite tariffs
Final preparations underway as Isle of Man moves towards opt-out organ donation system
Candidate for Peel Commissioners says she'd like to do more for the young people in the town
