Trainline, the UK-based ticketing app, has warned that it expects revenues to fall over the coming year due to the impact of the Iran war. The company justified its potential decline in profits by citing the effects of geopolitical tensions in the Middle East on inbound air traffic into Europe.
Shares Drop After Earnings Guidance
Shares in Trainline have already dropped following its earnings guidance. The app now expects sales of just £440-455 million in 2026-27, down from previous forecasts.
CEO Comments on Performance
Jody Ford, the outgoing chief executive of Trainline, described the past year as one of strong delivery, with record net ticket sales and revenue, and continued double-digit growth in profitability. He added that ahead of the creation of GBR online retail in the UK, the company is working closely with the government to deliver on its commitment to a fair and open regulatory framework. Ford also welcomed the recent decision to open delay repay to independent retailers, which he noted was customers' number one ask.
Government Rail Fare Freeze
The Labour Party government previously froze rail fares, meaning no price increases for season tickets, peak returns, and off-peak returns between major cities. Transport Secretary Heidi Alexander stated that the freeze helps millions of passengers save money, with commuters on more expensive routes saving over £300 per year. She emphasized that this is part of wider plans to rebuild Great British Railways that the public can be proud of and rely on.
