HSTEd
Veteran Member
- Joined
- 14 Jul 2011
- Messages
- 20,354
Out of interest, if the Government let the private sector get away with anything, how come XC is a loss making franchise for the TOC?
Surely, if the Government were that bad at things, XC would be a licence to print money?
I don't trust those supposed accounts that show them "losing" money.
Often cross subsidisation in large businesses is absurdly difficult to unpick.
Especially since I doubt the CrossCountry brand is owned by the TOC.
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Well I've got so fed up with the overcrowding that I've stopped using XC and I am using my car again. I can't be the only one who is making this choice, so XC are losing custom and not maximising income.
Yes, but total income is largely irrelevant.
What matters is the income related to expenses, if the expenses are increased by more than the income then the company is worse off.
Filling scarce network paths up at Birmingham New Street with trains that are too short is not in the public interest, and it's not in the long term financial interest of the Government. XC could be a profitable operator if it had longer trains that were all full.
But they would not be all full....