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The metro system plays an important role in urban public transit, and the passenger flow forecasting is fundamental to assisting operators establishing an intelligent transport system (ITS). The forecasting results can provide necessary information for travelling decision of travelers and metro operations of managers. In order to investigate the inner characteristics of passenger flow and make a more accurate prediction with less training time, a novel model (i.e., SSA-AWELM), a combination of singular spectrum analysis (SSA) and AdaBoost-weighted extreme learning machine (AWELM), is proposed in this paper. SSA is developed to decompose the original data into three components of trend, periodicity, and residue. AWELM is developed to forecast each component desperately. The three predicted results are summed as the final outcomes. In the experiments, the dataset is collected from the automatic fare collection (AFC) system of Hangzhou metro in China. We extracted three weeks of passenger flow to carry out multistep prediction tests and a comparison analysis. The results indicate that the proposed SSA-AWELM model can reduce both predicted errors and training time. In particular, compared with the prevalent deep-learning model long short-term memory (LSTM) neural network, SSA-AWELM has reduced the testing errors by 22% and saved time by 84%, on average. It demonstrates that SSA-AWELM is a promising approach for passenger flow forecasting. [ABSTRACT FROM AUTHOR]