Spain’s high-speed rail sees ticket sales soar after service slashes fares

Spain’s Ministry of Transport this week reported that ridership on Renfe AVE services has risen 14% year-on-year in the last four months to 4.7 million passengers, following an 11% cut in all tourist class tickets in early February.

The fare cuts were introduced as part of a raft of measures including the launch of 10-trip passes, an increase in tickets sold by yield management, and the introduction of more flexibility in return tickets, with the aimed of stemming the decline in high-speed passenger numbers, which fell 2.6% last year.