Thread: AMTRAK
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Old December 15th, 2003, 03:32 AM
Dan Foster
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Default AMTRAK

In article , 127.0.0.1 wrote:
On Sun, 14 Dec 2003 19:37:21 +0000 (UTC), Dan Foster
wrote:


Nah, the Northeast Corridor (NEC) is Amtrak's most profitable venture where
it goes slightly above 'break even';


not true, no AMTRAK make money, the NEC might lose less than the
others but it is still a money loser


Looks like you're correct. I was thinking of a specific line on the NEC
which *does* make money -- in 1999, Metroliner (which the Acela Express
mostly replaced) made a profit but when all of the NEC train services was
added up, they lost $124 million that year even though Metroliner made a
$53 million profit. Across the entire NEC, operating ratio was 1.22:1 --
that is, it cost $1.22 per $1 of revenue to run the NEC. In other words,
losing money.

-Dan