Talk:Lumo (train operating company)

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Trains: in UK / Passenger trains Low‑importance

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Revenue abstraction[edit]

...Is a term that I am not familiar with and when I google it it comes up with a report on open-access trains in Britain. I am guessing it is a rather niche term and therefore requires explanation. LastDodo (talk) 15:29, 7 May 2024 (UTC)[reply]

It seems to mean 'revenue that an existing operator will not get as a result of the new service'. Apparently more is bad. No wonder so few open-access operations have been allowed. LastDodo (talk) 11:17, 15 May 2024 (UTC)[reply]

Agree that an explanation should be added, if it hasn't already Garuda3 (talk) 13:00, 15 May 2024 (UTC)[reply]

I added the parenthesis in this paragraph:

A competing application from Alliance Rail Holdings was also submitted, but was rejected by the ORR after the revenue abstraction (i.e. reduction in existing company's revenue as a result of the new operation) from VTEC had been estimated at £115 million; in comparison, FirstGroup's proposal was predicted to result in £7.9 million of abstracted revenue. LastDodo (talk) 15:15, 15 May 2024 (UTC)[reply]