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| Re: NJT Farebox recovery by every route (306258) | |||
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Re: NJT Farebox recovery by every route |
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Posted by Joe V on Fri Jul 3 12:40:25 2015, in response to Re: NJT Farebox recovery by every route, posted by kcram3500 on Fri Jul 3 11:13:02 2015. This is theoretical nonsense. One service that loses money does not cross-subsidize another that loses money, period. The concept does not exist there.That is like saying the Lake Shore Ltd cross-subsidizes the California Zephyr because its farebox recovery ratio is higher. It is ridiculous and no one says so, not in Amtrak, not in NARP, not in Trainorders.com, not anywhere. The Amtrak NEC makes an operating profit, which cross-subsidizes the long hauls. That is a fact, because one makes a profit on operation, but not on capital. |
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