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RNS Number : 2628U Trainline PLC 22 January 2025
Trainline plc ("Trainline" or the "Company")
DFT statement in relation to future online retailing
The UK Government Department for Transport (the DfT) has today provided an
update on its plans in relation to future online rail retailing:
"After Great British Railways is established following legislation, it will
retail online by bringing together individual train operators' ticket
websites. It will work alongside a thriving private sector retail
market, where all rail retailers can compete in an open and fair manner. The
private sector will continue to play a key role in driving growth through
innovation and investment and encouraging more people to choose rail."
DFT update, 22 January 2025
While the structure of Great British Rail's (GBR's) retailing will take
several years to realise, Trainline notes the UK Government's consistent
commitment to a competitive and innovative market, with a level playing field
and a strong independent retail sector.
The DfT's update today precedes their launch in the coming weeks of an
industry-wide consultation on the Rail Reform Bill, which is intended to
establish GBR as the governing body for passenger rail. The process of
legislating for and establishing GBR is expected to take a number of years.
The DfT's update is available to view on the UK Government's website:
https://www.gov.uk/government/publications/great-british-railways-online-rail-ticket-retailing/great-british-railways-online-rail-ticket-retailing
(https://www.gov.uk/government/publications/great-british-railways-online-rail-ticket-retailing/great-british-railways-online-rail-ticket-retailing)
Jody Ford, CEO of Trainline said:
"As the UK Government further outlines Great British Railways' approach to
retailing, we welcome their unequivocal commitment to a competitive retail
market, underpinned by a level playing field, and recognition of the value and
innovation that brings to rail users. Trainline is the UK's No1 travel app,
with 18 million customers and the highest customer trust scores in the
industry. We have innovated to build solutions customers love over 25 years,
giving them the ease and value they desire, and helping to grow demand for
rail in the UK."
A DfT spokesperson said:
"The Government is committed to a thriving, competitive private sector retail
market for rail tickets, where all participants can compete in an open and
fair manner. As the Government establishes Great British Railways, it looks
forward to the private sector continuing to play a key role in driving growth
through innovation and investment and encouraging more people to choose rail.
We will work in close partnership with industry and the private sector to
achieve this."
Enquiries:
For investor enquiries, Andrew Gillian
investors@trainline.com (mailto:investors@trainline.com)
For media enquiries, Hollie Conway
press@trainline.com (mailto:press@trainline.com)
Brunswick Group
Simone Selzer +44 207 404 5959 /
trainline@brunswickgroup.com (mailto:trainline@brunswickgroup.com)
About Trainline:
Trainline (www.trainline.com) is the leading independent rail and coach travel
platform selling rail and coach tickets to millions of travellers worldwide,
enabling them to seamlessly search, book and manage their journeys all in one
place via its highly rated website and mobile app. Trainline is a one-stop
shop for rail and coach travel bringing together millions of routes, fares and
journey times from rail and coach carriers across Europe.
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