(24 May 2014, 9:23 am)citaro5284 wrote They could generate 12.4bn, but then take away the cost of operating it you are probably still down to the same figure for profit, but if the government wants to franchise the railways out, thats the name of the game, I dont blame Go Ahead or any other train operator.
Figures quoted yesterday I believe said Go Ahead would only be making around 3% profit, which lets be honest is not that good.
I agree, it isn't that good of a margin.
However as a taxpayer, I would prefer the 3% (according to Goldman Sachs circa £250m) in the public purse, rather than it sitting in the kitty of a plc.
http://orr.gov.uk/news-and-media/press-r...rt-2012-13