Originally Posted by
DC3 Dave
My understanding is that Stobart get a substantial cut from every ticket sold from the railway station, which is fair enough as they paid for it. Does anyone know the percentage?
I have extracted a paragraph from some correspondence I found online. It dates from September 2015, but the arrangement described probably holds good today.
SRL = Stobart Rail Limited.
"19. The charging arrangements in place allow SRL to retain 91% of all ticket sales to
and from the station, less season ticket sales. The arrangements also include
review mechanisms (see also paragraph 29) that may be instigated by either party
to the SAA. The access charge provisions set out in the Stobart SACs also permit a
review to be called at any time where any stated assumptions which underpin the
revenue sharing principles in the Stobart SACs cease to be correct."
So you can see why Stobart wouldn't be too keen on a competitive coach service running along a similar route to the railway.