Fare rises at Solent ferry company due to soaring costs
Major increases to the cost of fuel are partly to blame
A Solent ferry company has announced it's increasing fares by an average of almost 10%.
Red Funnel says it's been left with no choice following major increases to the cost of fuel and other parts of the supply chain.
The company says it'll continue to offer reduced rates for some Islanders, including those who have NHS appointments on the mainland.
Fran Collins, Chief Executive at Red Funnel, said: “We know that consumers are facing inflationary price rises in all aspects, and we have sought to manage Red Funnel’s costs in order to minimise the need to raise prices and maintain the timetable on which our customers depend, including the early and late Red Jets and the overnight vehicle ferry service.
"Sadly however, with major increases to the cost of fuel and all other aspects of our supply chain service, we too must consider the exceptional economic climate in our 2023 ticket pricing to maintain our business resilience and protect our lifeline commitments.
"We continue to offer reduced rates for Islanders attending mainland NHS appointments, IOW job seekers, and Blue Light cardholders, as well as those currently claiming Universal Credit. Blue Badge and Disabled Persons Railcard holders will also see their discount rise to 25% for travel originating from the Island.
“We know that this is disappointing news but can confirm that all Island households will continue to receive regular discounts and offers through the Big Book of Savings, which can also be shared with family and friends. Additionally, we are extending our Island Resident offer, which will allow Islanders to save 15% when booking travel of any duration up to 30th October 2023, with no date restrictions.”