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Article: India: Amtrak s costs, new flights to India.
- Article from:
- TendersInfo
- Article date:
- November 2, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: rakshali03
Amtrak just can't seem to get back on track. According to an analysis by Subsidyscope, an arm of the Pew Charitable Trusts, 41 of Amtrak's 44 routes lost money in 2008.
In the Northeast corridor, which has the highest passenger volume, the Northeast Regional train lost almost $5 per passenger. The high-speed Acela Express, which has half as many passengers, fared better, making a profit of $41 per person, Subsidyscope found.
The Sunset Limited route between New Orleans and Los Angeles was the biggest loser, with a $462 loss per passenger.
Subsidyscope calculated that U.S. taxpayers spent an average of $32 subsidizing ...