Against a £2.4bn annual shortfall, ticket pricing will need to change, says our Industry Insider.
Quarterly statistics for passenger rail usage for the period between April 1 and June 30 this year, published by the Office of Rail and Road at the beginning of October, reveal that the revenue outturn is running at 84% of pre-COVID receipts.
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“It can be expected that fares will be higher for travel at peak times which relate to specific events.” - Industry Insider
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