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Stimulus and high speed rail?
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<P mce_keep="true">[quote user="oltmannd"] <P>I think that one of the last Amtrak monthly reports I looked at had the Pacific Surfliners and Capitols pretty much covering their costs. Whether this was before or after CA chipped in, I don't recall.</P> <P>None of the short haul routes on Amtrak come close to poor performance of the LD trains.</P> <P>I would like nothing better than to see something , somewhere, get built and cover it's costs in pretty short order. That would turn 30 years of yapping on it's head! It's really important to pick the right project and do a good job with it.</P> <P>[/quote]</P> <P>For FY 2008 the Pacific Surfliner trains lost $14.7 million or 6.1 cents per passenger mile before interest and depreciation. The Capitols lost $14.2 million or 12.9 cents per passenger mile before interest and depreciation. The statement payments are designed to cover the losses and make Amtrak whole. </P> <P>Only the NEC trains covered their operating costs. They earned $369 million or 20.7 cents per passenger mile before interest and depreciation. So far this year they are not doing as well, in large part because of the slowdown in the economy and the decrease in the cost of gasoline. The Acela's are still covering their operating costs, but the regionals have slipped into negative territory.</P>
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