Trainline on track for post-pandemic recovery with 324% ticket sales increase
Train ticket booking firm Trainline has announced its highest net ticket sales since the pandemic began.
In a trading update for Q1 FY2022, the firm saw a year-on-year increase of group net ticket sales of 324 per cent.
UK Consumer net ticket sales were up 269 per cent year-on-year and improving week over week throughout the period.
Jody Ford, CEO of Trainline, commented: “It’s very encouraging to see people returning to train travel as lockdowns and restrictions gradually ease. By the end of May we were selling more tickets than we were in the same period two years ago.
“Having maintained our investment in product and tech throughout the pandemic, we are uniquely placed to support the industry recovery while leading the market shift to online and digital channels.
“This is reflected in the step up in eticket penetration and the pace of our recovery this quarter. Group net ticket sales in May reached their highest level since the pandemic began, including UK Consumer at 70 per cent and International at 73 per cent of FY2020 levels.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever
The North's future doesn't end at Manchester
Exit or legacy? Why every owner needs a plan
Who speaks up for SMEs when giants get bigger?
The true value of HR in an AI-driven working world
What new business rates guidance means for pubs