(19 Aug 2015, 10:03 pm)aureolin wrote Interesting point about franchises being classed as competition, because it's apparently anti competitive when it comes to QCS? It'd be interesting to see which one it is, according to the operators.Whilst in the same period, obtaining 16.3p per passenger mile, in subsidies.
The profit I was referring to was exactly that. Operating costs would already be taken into account of at that point, otherwise the TOC would be paying unnecessary tax. For example, I read something earlier that had Arriva down as making £12.9m in (declared) profit from CrossCountry in 2012. Not bad for providing a poor customer experience.
On top of paying the leasing companies their chunk too.
Something is wrong there like...