SNCF: TGV Inoui prices will increase by 2.6% this year, except for Avantage card holders

by time news

2024-02-28 22:59:27

Taking the TGV Inoui will cost you more this year. Ticket prices will in fact increase by 2.6% in 2024 compared to 2023, except for Advantage card holders, reports franceinfo, who attended the presentation of SNCF’s annual results this Wednesday. For the Ouigo TGVs, on the other hand, as for the Intercités, the prices will not change.

After that of “5% on average” applied in 2023, this rail increase has been in place since the end of last year. It was expected that this increase in prices would not exceed inflation, forecast at 2.6% in 2024. “The increase in TGV prices is necessary to finance investments in order to offer more offers, with the purchase new trainsets, and to cope with the increase in costs which should be 7% in 2024 for the activity”, specified the management of SNCF Voyageurs.

1.3 billion net profit in 2023

The ceilings of the Avantage card, which offers reduced rates on a trip in exchange for an annual subscription of 49 euros, are frozen this year, the railway company announced at the end of 2023. The railway company had already raised the maximum ceilings of these prices, at the end of August, from 10 euros each, to 59, 69, or 89 euros depending on travel time.

SNCF also ended the year 2023 being profitable, for the third consecutive year, with a turnover of 41.8 billion euros. The net result thus stands at 1.3 billion euros. “Excellent news”, greets the CEO, Jean-Pierre Farandou, but very far from the record of 2.4 billion euros reached in 2022.

To maintain positive results in the long term, the railway company plans to optimize TGV activity, in particular by reducing the weight of loss-making lines while practicing a “dynamic” pricing policy.

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