On Sat, 20 Feb 2010 04:58:29 -0800 (PST), Mizter T
wrote:

Though I understand that the operator of the Merseyrail Electrics,
Serco-Nedrailways (or is it now Serco-Abellio?), takes the revenue
risk - though I think the PTE may have taken it under the previous
arrangement when the concession (or possibly still a franchise back
then) was in the hands of MTL then Arriva (via a takeover).

Correct. The change to the arrangement was apparently because the old
arrangement didn't give Arriva much incentive to keep fare-dodging
down, nor particularly to promote its services.

Neil

--
Neil Williams
Put my first name before the at to reply.