As the industry prepares for the launch of Great British Railways (GBR), there is an opportunity to improve operational efficiency, reduce cost and improve passenger services.
INSIGHTS FOR A SHIFTING LANDSCAPE
The rail industry continues to face number of challenges, from digitalisation to changes in the franchise model and ticketing, which have impacted on how providers operate and make a profit. The arrival of Covid-19 and the decrease in passenger numbers has only made this situation more difficult.
At Vendigital we’ve created a simple to use tool that helps the rail industry understand the financial impact and the level of capacity trains will need to reach before a profit can be made.
Slide the bar to reduce the revenue (% of 2018/19 ORR published figures) and see the impact on profitability and expected increase in government funding. The image will turn red when reduced revenue becomes unprofitable (relative to 2018/19)
Further detail for each TOC can be accessed by using the drop down above
|TOC||TOC passenger income||TOC income less expenditure|
|Thameslink Southern & Great Northern|
|Wales & Borders|
TOC income less expenditure
Please provide us some details and we will enable full access to the calculator
We’re passionate about empowering our clients to achieve stronger, measurable results and believe that collaboration is key to this. We’d like to hear your feedback on our tool so we can ensure it continues to provide the best possible insight.
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Recent troubles facing many train operators have underlined the need for transformative change. Urgent intervention is needed to restore services and reset the industry on route to a more profitable future.