Amtrak reports smallest operating loss since 1975

[CMStPnP]

$361 million, 19% drop in operating loss compared to last year.    Wonder if we will see break even in the next 7-10 years?

[schlimm]

CMStPnP

$361 million, 19% drop in operating loss compared to last year.    Wonder if we will see break even in the next 7-10 years?

Any idea of what factors led to this improvement?  Better passenger load factors?  More trains over the same route?  Cost-cutting?

[John WR]

It also reported the highest ridership ever, 31.2 million riders in the last fiscal year.  

[blue streak 1]

CMStPnP

$361 million, 19% drop in operating loss compared to last year.    Wonder if we will see break even in the next 7-10 years?

Now you have done it.   The closer AMTRAK gets to break even the worse the opponents of AMTRAK will scream ---------    ( you fill in the words ) 

[oltmannd]

blue streak 1

CMStPnP

$361 million, 19% drop in operating loss compared to last year.    Wonder if we will see break even in the next 7-10 years?

Now you have done it.   The closer AMTRAK gets to break even the worse the opponents of AMTRAK will scream ---------    ( you fill in the words ) 

It will be interesting to see their 2012 annual report when it comes out.  I wonder if there is a glimmer of scalability in the numbers.  Hope so.  If they can get the OR to 100, then the whole battle changes from year-to-year survival to a fight for capital.

[John WR]

oltmannd

 If they can get the OR to 100, then the whole battle changes from year-to-year survival to a fight for capital.

The overall loss if the NEC trains are included is between $5 and $6 a ticket.  Perhaps Amtrak will manage to break even before too long.