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Amtrak's 2010 revenue and ridership

Started by WMAveteran, January 26, 2011, 08:38:17 PM

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WMAveteran

 The January 2011 edition of TRAINS reported that Amtrak's revenue and ridership soared in 2010. 

"In fiscal year 2010 (ended Sept. 30, 2010), Amtrak set an all-time ridership record of 28,716,857, and earned a record $1.74 billion in revenue.  The ridership figure breaks the previous record, achieved in 2008, by a mere 450 passengers, yet in 2010 the company earned almost $9 million more in ticket revenue than 2008.  Both 2010 figures show huge gains over recession-plagued 2009.  Long-distance trains and state-supported corridor services picked up the slack for weakened Northeast Corridor demand and pricing pressure in 2010."  " . . . the biggest 2010 percentage gainers were Acela Express (up 6.6% in ridership and 7.5% in revenue),  Missouri River Runner  (14.4%/24.4%),   Vermonter  (16.5%/19.1%),  Sunset Limited  (16.4%/20.4%), and   City of New Orleans   (16.6%/15.2%).  Amtrak's large revenue gains were driven by higher coach and sleeping car fares."