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lmcat

12/20/10 3:13 PM

#121216 RE: ordinarydude #121209

You can look it up yourself as prior to 1971 is ancient history. The fact is that since 1971, for almost 40 years, Amtrak has lost over $40billion and has never made a profit. And the loses are rising.

Amtrak still losing money on most passengers

TAMPA - Amtrak lost money on 41 of its 45 train lines in 2008, including a $145.23 per passenger loss on the Silver Star that serves Tampa on its New York-Miami run, a Pew Charitable Trusts research group reported Tuesday.

System-wide losses ranged from about $5 to $462 per passenger. The average loss per passenger was about $32, four times the $8 per passenger Amtrak computed using different methods, according to the study by Subsidyscope, which reports on how federal subsidies are used.

The high-speed Acela trains between Boston and Washington made a profit of $40.50 per passenger, compared with conventional trains between Boston and Richmond, Va., that lost $4.73 a passenger.

http://www2.tbo.com/content/2009/oct/27/amtrak-still-losing-money-most-passengers/