Isle of Wight ferry operator celebrates bumper Q1 results

Isle of Wight ferry operator celebrates bumper Q1 results

Red Funnel Ferries reports strong growth in traffic in first quarter

Red Funnel Ferries reports strong growth in traffic in first quarter

Isle of Wight ferry operator Red Funnel Ferries has reported strong growth in the first quarter of 2015, with 7.1% more cars, 38.3% more coaches, and 5.4% more passengers using the service, compared to the same period last year.  

Red Funnel Ferries has reported bumper traffic results for Q1.
Red Funnel Ferries has reported bumper traffic results for Q1.

Red Funnel has also outperformed the total cross-Solent market in Q1, which has seen an increase in cars and passengers of 6.3% and 4.5% respectively versus Q1 last year.

The past 12 months have marked a significant year for Red Funnel, with the company investing more than £4.4 million in the refurbishment of the passenger accommodation on board its ro-pax ferries, Red Falcon and Red Osprey. Kevin George, CEO of Red Funnel, said: “We continue to be encouraged by the growth in visitors to the Isle of Wight and we are confident that this trend is set to continue. The £2.2m refurbishment of Red Osprey, which mirrors sister ship Red Falcon, has been extremely well received by the market and our ‘customer first’ strategy is really paying off, as more visitors choose to travel via Southampton with Red Funnel.”

Gary Marshall
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Gary Marshall
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