Newly issued report from ORR
covers Jan-Mar, with tables comparing to 2019
Like most railways in Western nations, commuting has dropped so your previously huge revenue from season tickets has markedly declined.
I appreciate ORR adjusts revenue for inflation as it would believe this makes for better comparisons, but have fares of all available types increased in line with what we in Australia call the Consumer price Index (CPI)?
Given the increase in WFH and how 10 per cent of calendar days in the latest quarter were adversely affected by strike days, there must be some negative effect the day before and the day after, as not all trains will operate.
So I suggest National Rail passenger numbers at about 70 per cent (excluding the Elizabeth Line and the 'technical issue' in the data source) were reasonable.
It's pleasing that some open access operators such as Grand Central (on which I travelled on an October 2022 strike day) and Hull Trains have passenger numbers higher than in the pre-COVID era. How much of this is due to passengers like me using them on days when other TOCs had no or a heavily reduced frequency?
Fantastic to see the long distance subsector at '86 per cent relative usage' of pre-COVID journeys for the year. I really enjoy travelling on most of these services. Some of you have valid criticisms but I just love the rollingstock: my major complaint is having to sit backwards.
While I didn't find the Caledonian Sleeper as enjoyable as the GWR Night Riviera, it's also very good that usage for the CS - sometimes heavily affected by strike days IIRC - is at 96 per cent of the comparable pre-COVID period.
Heathrow Express at 78 per cent seems to be doing OK even though I'd have though some might instead travel on the Elizabeth Line. Are air frequencies at Heathrow at 78pc of pre-COVID for the comparable quarter?
London Overground at 88 per cent is better than expected as wouldn't it be adversely affected by WFH? Or is weekend leisure travel just so strong that this helps to build passenger journey numbers?
Interesting that LNER passenger numbers seem to be doing way better than Avanti WC. Is this merely due to the latter having many cancellations? I didn't find that in 2022, but maybe I was fortunate in my short visit.
From a long way away, I read that UK (almost?) has a recession and consumer spending is crimped by high inflation and interest rate rises, but the trend in leisure journeys appears to have been up. I hope that can continue, although probably challenging.
Overall, congratulations even if Treasury doesn't share a positive view, and thank you to so many on this forum for giving tips to me and others on how to enjoy value for one's ticket or pass.