Trainline says Middle East tensions hitting European rail bookings
Summary
Trainline, a UK rail ticket seller, said tensions in the Middle East have reduced rail ticket sales from foreign visitors to Europe. The company expects its revenues to stay flat or decline next year due to these geopolitical issues and other challenges in the UK rail market.Key Facts
- Middle East conflicts, including the US-Iran standoff, are causing fewer foreign visitors to buy European rail tickets.
- Airlines have delayed bookings and canceled flights because of concerns over jet fuel supply.
- Trainline’s shares dropped after it gave weaker revenue forecasts for 2026-27.
- The UK government has frozen rail fares and plans to launch its own ticketing website under Great British Railways.
- Contactless payment growth in UK cities may reduce Trainline’s sales.
- Trainline’s profits rose 43% to £122m in 2025-26, with revenues up 2% to £453m.
- The company now expects revenues between £440m and £455m for 2026-27.
- Trainline remains Europe’s most downloaded rail app and is growing in Italy and France.
- The outgoing CEO said they are working with the UK government on fair regulation and welcomed new rules helping independent ticket sellers.
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