Sunday, September 21, 2008
Amtrak sets record ridership
Amtrak ridership in July Fiscal Year 2008 increased to 2,750,278, nearly a 14 percent increase, marking the most passengers carried in any single month in Amtrak's 37 year history. Total ridership for the Fiscal Year to date — October 1, 2007 - July 31, 2008 — reached 23.7 million, topping the 21.3 million from the same period last year. Total ticket revenue for the fiscal year to date reached $1.4 billion, a 14.1 percent increase over the same period in FY07. For the month of July, ticket revenue increased by 18.6 percent to $168 million.
"Increasing fuel prices, highway congestion, airline issues and environmental awareness continue to make intercity passenger rail extremely relevant and popular," said Alex Kummant, President and CEO of Amtrak. "In addition, we continue to work on service improvements and better on-time performance, which draws more ridership and revenue each month.
"Our record-setting ridership and ticket revenue in the month of July alone indicate we will end the year with approximately three million new passenger trips in FY09," he added.
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