Well, you're right - of course I don't know what GC's predicted incomes are and how much of it is based on ORCATS, or how NXEC's recent tactics are going to affect it.How come you know so much about ticketing? A lot of the talk about GC income is supposition. I cannot tell you (as I dont know) what the revenue is like. (I know I have good and bad shifts, but it depends on what runs you are working). A start of the week morning shift will have better takings than the midweek run.
Hmm, interesting. If you've seen their business case then I can't dispute that as I haven't. If what you say is true (and I'm not doubting it is), GC have not budgeted for a penny of the York-London ORCATS revenue, which is interesting. Given that case, I am rather more optimistic that GC is financially secure despite NXEC's recent tactics.DaveNewcastle said:Re ticket prices.
Surely its incorrect simply to compare GC & NXEC on price - the market economics must consider the SUPPLY as well as the demand, and only GC run between Sunderland, the Durham Coast and the ECML stops. In fact their entire business case is based on serving those stations which do not have an alternative direct service (or even one with convenient changes).
If there aint an alternative supply then price isn't the issue.
NXEC were (are?) extremely concerned about the loss of the York-London revenue through ORCATS. If that money is simply a bonus to GC on top of what is already budgeted for, then GC may not be too worried about anything NXEC do.
True, but from York a GC only is now difficult to justify, as this comparison for a peak journey to London shows:-DaveNewcastle said:Similarly when I've compared GC's £69+15+15 SUN-KGX with NXEC's walk-up price of £250 NCL-KGX, I'm arguing that the comparison is valid because these are the prices that apply to the services that actually run to/from those stations. I know. I've walked up and paid up. Its a chocolate bar short of £250 on NXEC from Newcastle and its £69+supps from Sunderland - but there is not a choice. A passenger is either at Sunderland or they're at Newcastle.
£94 GC Only option:
York 0822
King's Cross 1032
Only return option: 1650 from KGX.
£90 NXEC Only option:
York 0837
King's Cross 1040
also valid on later trains including 0849 etc.
Return options at 1600, 1630, 1700, 1730, 1820, 1830...
£199 SOR that is often used for comparison with GC:
Valid on all of the above, plus earlier trains into KGX.
I don't think the £199 SOR option is comparable with the GC only option; the £90 one is.