Business Comment Lead Story: Issue 349 7 Nov 2008
More articles like this...
Crime & Vandalism, Fares/ticketing, Rail, Stations/Interchanges, First, Other, Stagecoach, Transport for London, All of UK
Don’t evade an open debate over true levels of fare evasion
The assumption that huge benefits can still be gained from revenue protection, particularly gating stations, has been a feature of recent franchise bids. The issue kicked off when First won the Thameslink franchise and revealed it would be installing more gates to target the estimated 10% of revenue lost through ticketless travel. Go Ahead, one of the incumbents, put the figure for Thameslink at 2.5%.
Discrepancy in opinion was not confined to Thameslink. Stagecoach won the new SWT franchise...
