In this video Matthew Flynn discusses the issue of balancing
supply and demand in the rail industry and what could be done about
this.
Balancing supply and demand in rail
-transcript
Introduction and overview of the problem
It is encouraging to see that passengers are returning to rail
and in March this year statistics from DfT show rail passengers
reached 80% of pre pandemic levels
But how well utilised are our services? Pre-covid, average seat
utilisation across the day was around 40% Compare this with the
airline industry where passenger load factor is a key performance
indicator, typically operating at 80% and Ryanair at 95%.
Historically, our timetables have been established to
accommodate our work patterns with commuter peaks around 9am and
5pm. This level of capacity, however, is continued throughout the
day resulting in significant cost, without the income.
