Can railways play airlines at their own game
Enda Murphy
Abstract
Enda Murphy
Abstract
Low-cost airlines have enjoyed huge success in recent years by offering cheap basic fares to stimulate demand. Railways are now seeing which parts of the airline model can be applied to long-distance and high-speed rail connections that compete with air. However, cheaper rail fares do not necessarily mean that passengers will have a poorer experience, as the author of this article explains.
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Low-cost airlines have enjoyed huge success in recent years by offering cheap basic fares to stimulate demand. Railways are now seeing which parts of the airline model can be applied to long-distance and high-speed rail connections that compete with air. However, cheaper rail fares do not necessarily mean that passengers will have a poorer experience, as the author of this article explains.
Key concepts: Business, Interlining, Transport engineering, Low-cost carrier, Air travel, Industrial organization, Engineering, Operations management