Trainline PLC (LON:TRN) News and Share Price

UK-based Trainline is an independent, global rail and coach travel online platform, which sells rail and coach tickets to the passengers across the world. The company, which was founded in 1997 by multinational VC company Virgin Group, brings the entire rail, coach, and other travel services together on one single platform that offers easy and uninterrupted search, easy booking, smart travel options, best prices, real-time travel data, and saves users’ time. Trainline has partnered with more than 270 major companies across 45 countries in Asia and Europe to bring the services provided by these companies on one platform for better and easy access of customers, which is a win-win situation for the partner companies as they get access to a huge pool of customers.

Trainline earns its revenue from the commissions paid by rail and coach operators on the sales of tickets, booking fees, and ancillary services such as travel insurance, advertising, white label products and multi-currency platforms.  It has a strong team of 600 workers, half of them are software engineers, product managers, researchers, and product designers from 40 different countries working in London, Paris, and Edinburgh.

Trainline has three main divisions: UK Consumer, International and Trainline for business. UK Consumer division sells rail tickets to the travellers across the world on behalf of UK rail companies and sells coach tickets on behalf of National Express. It provides quality and relevant recommendation to its users for hotel bookings, and insurance and partners with the brands to advertise on Trainline websites and mobile app. 

The International segment sells rail and coach tickets on behalf of major European rail and coach companies. Trainline for Business (T4B) division provides rail booking services to various small and medium enterprises, large businesses, and public sector partners. For UK’s major rail companies T4B builds, supports, and manages ‘White label’ online and mobile sale platforms. T4B indirectly supports businesses in the UK by providing services to travel management companies.