Financial Times FT.com

Arriva route struggles to maintain profitability

By Gill Plimmer

Published: April 22 2009 19:10 | Last updated: April 22 2009 19:10

Passenger revenue growth on one of Arriva’s key routes has dipped sharply over the past three months, heightening fears of a sharp slowdown in rail travel in the wake of the recession.

Arriva, the bus and rail operator, said passenger revenue growth on its CrossCountry rail service, which runs between Aberdeen and Penzance, slowed from 11.2 per cent last year to 4.5 per cent in the three months to April. In March Arriva said the route needed passenger revenue growth of 10 per cent to maintain profitability.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this