Edit post

Edit your reply below.

Post Body
Enter your post below.
[quote user="igoldberg"] The Noretheast corridor is one of very few routes that DOES make money.  That is one reason that Amtrak spend all that money to remove grade crossings and rebuild a couple of bridges. [/quote] The NEC covered its operating costs during the first 11 months of FY10, but it did not cover the depreciation and interest expense attributable to the NEC. Accordingly, it is not correct to say that it made money.  During the first 11 months of this fiscal year the NEC turned in an operating profit of $55.3 million.  The operating profit generated by the Acela trains of $97.6 million was offset in part by loses of $42.1 million for the regional trains and $.1 million for special operations.  However, after accounting for depreciation and interest expense, the NEC probably lost between $383 and $447.6 million.  Amtrak does not assign these charges to particular routes, but a reading of the annual reports suggests that 70 to 80 per cent of these charges are attributable to the NEC.
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag