PARLIAMENTARY WRITTEN QUESTION
(13 November 2024)
Question Asked
Asked by:
Chris Hinchliff (Labour)
Answer
The UK aviation market operates predominantly in the private sector. Airlines’ business models can at times accommodate more flexible pricing than the railway.
The Government sets the percentage that regulated rail fares can be increased each year. Regulated fares make up around 45 per cent of rail fares and include commuter fares, such as season ticket and shorter-distance peak return, alongside longer-distance off-peak returns. The increase in regulated fares for 2025 will be the lowest absolute increase in three years and delivers a fair balance between passengers and taxpayers.
Answered by:
()
1 January 1970
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