Pricing
Pricing
As the UK is facing a spell of deflation (http://www.theguardian.com/business/2015...-deflation) and operators are paying less for their fuel than previously (http://www.go-ahead.com/ir/busfuelpolicy.aspx), I wonder if we are we likely to see a drop in ticket prices soon?
(23 Mar 2015, 3:42 pm)aureolin I doubt we'll see a drop in anything. The only change will be the increased profit margins.
(23 Mar 2015, 3:42 pm)aureolin I doubt we'll see a drop in anything. The only change will be the increased profit margins.
(23 Mar 2015, 2:03 pm)Andreos1 As the UK is facing a spell of deflation (http://www.theguardian.com/business/2015...-deflation) and operators are paying less for their fuel than previously (http://www.go-ahead.com/ir/busfuelpolicy.aspx), I wonder if we are we likely to see a drop in ticket prices soon?
(23 Mar 2015, 2:03 pm)Andreos1 As the UK is facing a spell of deflation (http://www.theguardian.com/business/2015...-deflation) and operators are paying less for their fuel than previously (http://www.go-ahead.com/ir/busfuelpolicy.aspx), I wonder if we are we likely to see a drop in ticket prices soon?
(24 Mar 2015, 12:22 pm)Chris If the big 3 hedge their fuel, surely a drop in fuel prices today won't have any effect? The price they're paying today would have been 'hedged' 12 months ago when prices were higher.
Whilst fuel won't be an insignificant cost, I would have thought staff costs would make up a larger part of operators cost base.
(24 Mar 2015, 12:22 pm)Chris If the big 3 hedge their fuel, surely a drop in fuel prices today won't have any effect? The price they're paying today would have been 'hedged' 12 months ago when prices were higher.
Whilst fuel won't be an insignificant cost, I would have thought staff costs would make up a larger part of operators cost base.
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Guess this is as good a thread as any.
Some fare changes from 5th April I've become aware of...
Nexus Day Rover prices going upto £7.00 and Junior £3.90
Explorer also goes upto £9.70 and family one upto £19.50. Child stays at £8.50
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(24 Mar 2015, 8:04 pm)tyresmoke Guess this is as good a thread as any.Guess Nexus need a few pennies to keep there Diabolical Metro System running, and Ripping Passengers off in the process, £7 for a Day Rover is absolutely disgusting.
Some fare changes from 5th April I've become aware of...
Nexus Day Rover prices going upto £7.00 and Junior £3.90
Explorer also goes upto £9.70 and family one upto £19.50. Child stays at £8.50
(24 Mar 2015, 8:04 pm)tyresmoke Guess this is as good a thread as any.Guess Nexus need a few pennies to keep there Diabolical Metro System running, and Ripping Passengers off in the process, £7 for a Day Rover is absolutely disgusting.
Some fare changes from 5th April I've become aware of...
Nexus Day Rover prices going upto £7.00 and Junior £3.90
Explorer also goes upto £9.70 and family one upto £19.50. Child stays at £8.50
(24 Mar 2015, 8:04 pm)tyresmoke Guess this is as good a thread as any.
Some fare changes from 5th April I've become aware of...
Nexus Day Rover prices going upto £7.00 and Junior £3.90
Explorer also goes upto £9.70 and family one upto £19.50. Child stays at £8.50
(24 Mar 2015, 8:26 pm)Malarkey Guess Nexus need a few pennies to keep there Diabolical Metro System running, and Ripping Passengers off in the process, £7 for a Day Rover is absolutely disgusting.
(24 Mar 2015, 8:04 pm)tyresmoke Guess this is as good a thread as any.
Some fare changes from 5th April I've become aware of...
Nexus Day Rover prices going upto £7.00 and Junior £3.90
Explorer also goes upto £9.70 and family one upto £19.50. Child stays at £8.50
(24 Mar 2015, 8:26 pm)Malarkey Guess Nexus need a few pennies to keep there Diabolical Metro System running, and Ripping Passengers off in the process, £7 for a Day Rover is absolutely disgusting.
(24 Mar 2015, 9:06 pm)aureolin I don't mean to sound facetious, but it's a Network One Day Rover, rather than a Nexus Day Rover, isn't it?Yeah it is Network One(My Bad) and yes that Statement does still apply now that it is not Nexus
Fares, to my understanding, are set by the Network One scheme administers. I can't remember exactly how it works, but it's something like shares are allocated in the 'Network Ticketing Limited' company, based on your 'share' of the revenue from the sales. It currently works out something like 60% buses/40% PTE, with Go Ahead having the majority of that 60% buses.
Does that same statement apply now that it's not Nexus?
.
(24 Mar 2015, 9:06 pm)aureolin I don't mean to sound facetious, but it's a Network One Day Rover, rather than a Nexus Day Rover, isn't it?Yeah it is Network One(My Bad) and yes that Statement does still apply now that it is not Nexus
Fares, to my understanding, are set by the Network One scheme administers. I can't remember exactly how it works, but it's something like shares are allocated in the 'Network Ticketing Limited' company, based on your 'share' of the revenue from the sales. It currently works out something like 60% buses/40% PTE, with Go Ahead having the majority of that 60% buses.
Does that same statement apply now that it's not Nexus?
.
http://northeastbuses.co.uk/forum/showth...hp?tid=627
Network Ticketing thread, inc a link to shareholders.
