Tuesday, February 7, 2023
HomeBusiness TravelCaledonian Sleeper operator loses £69 million over seven years – Enterprise Traveller

Caledonian Sleeper operator loses £69 million over seven years – Enterprise Traveller

It’s broadly believed that night time trains are unprofitable for a wide range of causes.

However the information that Serco (the holder of the Caledonian Sleeper franchise) has made such losses – £69 million over seven years –  comes as a shock.

It implies that Serco is predicted to lose the Caledonian Sleeper franchise this coming June until it will probably agree a brand new contract with the Scottish authorities.

Already the latter has taken over Scotrail and now it seems it is going to additionally take up Caledonian Sleeper.

Issues got here to a head final October (such losses weren’t publicised on the time) when Serco and the Scottish authorities disputed the extent of funding which might be required.

For its half Caledonian Sleeper stories a rise in passenger numbers and income after the pandemic (throughout which the night time practice’s operation was drastically in the reduction of).

Losses at Caledonian Sleeper have been attributable to a wide range of points.

As we’ve got reported these vary from points with the newest CAF rolling inventory, to industrial motion by the onboard crew to operational points over Community Rail.

See under for a few of our stories:

Maybe extra significantly was when one Caledonian Sleeper suffered brake failure and overshot Edinburgh Waverly.

The incidents involving Community Rail have been many and contain line closures owing to unhealthy climate.

Solely just lately the service needed to be suspended or rerouted by way of the East Coast Mainline (ECML) as a result of its regular routing by way of the West Coast was closed for 5 days.

No matter occurs after July one would hope onboard service ranges shall be retained at their current stage as Caledonian Sleeper is widespread with guests all over the world.




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