Depends what you class as a "Railway", all the Train Operating Companies are
guaranteed an income...
When franchises are put out to tender by the government, the bidding companies are often required to set out a 'target revenue' - how much money they expect to bring in from operating the franchise. If they fall substantially below this target (after the 4th year), the government bails them out with support. If they substantially exceed the target, they have to pay back the government, vice versa. It's known as 'cap and collar'.
Posted By: Vivid Data Shark on August 10th 2016 at 16:04:54
Message Thread
- Abellio Shit Railways have won the contract again... (General Chat) - Dandy Highburyman, Aug 10, 13:04:06
- This Greater Anglia Abelio announcement (General Chat) - KentonCanary, Aug 10, 15:08:10
- There's not a railway in the world that is profitable. (General Chat) - tudders, Aug 10, 15:00:31
- Depends what you class as a "Railway", all the Train Operating Companies are (General Chat) - Vivid Data Shark, Aug 10, 16:04:54
- Kind of makes you think why the shareholders still cash in on them then. (n/m) (General Chat) - DrDublin, Aug 10, 15:02:44
- To be fair if they do everything they are supposed to, the service should get better (General Chat) - Knitted Jesus, Aug 10, 13:15:38
- They might even have aircon that works ! (n/m) (General Chat) - MaxsHandler, Aug 10, 15:34:29
- would anybody be any better (General Chat) - ghostof barry butler, Aug 10, 13:10:01
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