@UKRAINEwearewithyou
You ask
*@cakeorwine* what is going on?
- Covid over the last 2 years meant far less ferry trips than in a 'normal year'.
- Inflation means less money for people to spend on future ferry trips.
- The price of fuel has risen dramatically so the overheads are up.
- Interest rates have risen again, so borrowing costs are up.
What to do? Reduce staff numbers which is a major costs and cut make the crossings that make less money.
You missed out Brexit
news.sky.com/story/the-reasons-why-po-ferries-has-taken-the-axe-to-its-workforce-again-12568561
"It would be a mistake, however, to say that all of the operator's problems stem from the pandemic.
Brexit has also clearly contributed to its difficulties.In the pre-pandemic and pre-Brexit period, P&O Ferries was carrying some two million units of freight per year, but that is understood to have fallen as trade in goods with the EU has fallen.
This will have affected the Hull-Rotterdam crossing in particular, and it is also understood that, with fewer Irish trucking firms using Great Britain as a "land bridge" to and from continental Europe, traffic on the Liverpool-Dublin crossing will have been hurt."
So, yes, it is another Brexit bonus.