Ridership Tops $1.7 Billion In Ticket Revenue
Annual Amtrak ridership sets all-time record
WASHINGTON DC - Amtrak ridership in Fiscal Year 2008 increased to 28,716,407 marking the sixth straight year of gains and setting a record for the most passengers using Amtrak trains since the National Railroad Passenger Corporation started operations in 1971. The fiscal year ended September 30, 2008.
All Amtrak trains across the system saw increases in ridership. The 28.7 million total for the period October 1, 2007 - September 30, 2008, topped the 25,847,531 for the previous 12 months by 11.1 percent. Total ticket revenue for the fiscal year reached $1.7 billion, a 14.2 percent increase over the $1.5 billion in FY07.
"After another record-breaking year, in which the railroad achieved double-digit growth, Amtrak has solidified its role as a leader in the nation's transportation network and proven intercity passenger rail's relevance in today's world," said Alex Kummant, president and CEO of Amtrak. "Highway and airway congestion, volatile fuel prices and increasing environmental awareness all contributed to Amtrak's successful year, as did our continually improving service and on-time performance."
Kummant added, "With the recent passage of a reauthorization bill, which includes a significant state and federal capital matching grant program, we also look forward to expanding state partnerships to provide more rail service in growing corridors nationwide."
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