When you are losing market share to flights, it's very simple. If you are above seven or eight hours, it makes no sense. There are still rail travellers, but they don't have a very high willingness to pay, because of that slow travel. You can see if you're looking into city pairs in Europe, that if the travel time goes below four hours, rail dominates, and below three hours there are no flights. It's very simple. If it's above, then the share of rail is decreasing.
On February 13th, 2024. See this statement in context.