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<P mce_keep="true">[quote user="henry6"] <P>This is a note I put on another adjacent thread but has pertinence to this conversation... </P> <P>TRAINS' Newswire 2/16 story on Lynchburg train making a profit is quite intrestng on several notes. First that it is making a profit in its second month negating the need for a state subsidy. Second that because of this train seats have opened up on the Crescent which has gone to the Crescent's bottom line making it's economics more favorable. I think it underscores the fact that if you think of running passenger trains as a service rather than merely running trains, it will work. The train makes one round trip a day but it is in addition to other trains on the route. Maine's Downeaster service and California's San Diego service, among others, have proven this point in the past, It is just not a point that gets through the crania of politicos! [/quote]</P> <P>According to Amtrak's December Operating Report, which is the latest report posted on-line, the Washington to Lynchburg train turned 13.1 cents of operating profit per passenger mile for the first three months of FY10. Whether that will hold for the whole year remains to be seen.</P> <P>The Cresent is not doing so well. It lost 30.9 cents per passenger mile before interest and depreciation. That's an increase of 3.1 cents per passenger mile over FY09 results through the first quarter. </P>
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