Costs
Costs and pricing are related and will influence the price of tickets. The more passengers the cheaper the prices, as more people will share the costs. Because running costs for high-speed trains are lower than those of other modes of transport, the combination of price, journey time and convenience will lead more people to choose trains over cars, buses and going by air.
Season tickets will mean cheaper journey prices than single ticket purchases. There will be discounted tickets for children, young people, students and senior citizens. Various types of tickets will also be available to meet the different needs of e.g. business travellers, commuters and tourists.
Ultimately, it will be the train operator who sets ticket prices. However, it is in everyone’s best interests that the price be as attractive as possible in order to achieve profitability by attracting many passengers. When a company sets prices, it takes into account production and purchasing costs, customer willingness to pay and the prices of its competitors. Here, the competitors are other modes of transport, and the aim is to get more people to choose the train instead.
