Information released by the Rail Delivery Group has revealed the total passenger revenue figure for the latest quarter for 2022.
For the period of 1st July to 30th September, the network generated £2.2bn, 71% of the £3.1bn for the same quarter three years ago, after figures were adjusted for inflation.
Passenger usage remains considerably lower than it was before the pandemic with 395 million journeys during the same period - July to September 2022 - equating to 80.3% of the 448 million journeys recorded in the same quarter in 2019.
A Rail Delivery Group spokesperson said: “This data confirms the scale of the financial challenge the industry faces as it recovers from the pandemic and the pressing need for reform to put it on a sustainable footing.
“Passenger numbers are still well below the pre-pandemic level - with fare revenue in the latest quarter just 71% of what it was in 2019.
“We want to give our people a pay rise, We are disappointed the RMT leadership has not accepted our very fair offer of an 8% increase in 22/23 pay packets which could have ended this dispute.
"Instead of further undermining the recovery of the industry, we need the unions to work with us to deliver long overdue reforms to outdated working practices which will improve services and secure the long-term future of the railway and its workforce."
The full Office of Rail and Road report can be found here.