Thursday, September 28, 2006

Study Virgin Trains, Rep. John Mica tells Amtrak's new CEO

That's the word from Alex Kummant's appearance today before the U.S. House's Subcommittee on Railroads of the
House Committee on Transportation and Infrastructure.

Such good advice.

Virgin operates 2 franchises in the UK: Virgin West Coast and Virgin CrossCountry. Together they received £578.1 million in subsidy in 2003/04:
http://www.rail-reg.gov.uk/upload/pdf/nrt0304-yr.pdf
(page 51)

The following year, Virgin's combined subsidy came down to £200.8 million.
http://www.rail-reg.gov.uk/upload/pdf/nrt0405-yr-rev.pdf
(page 51)

A trend? No. In 2005/06, subsidy went up, to £243.1 million.
http://www.rail-reg.gov.uk/upload/pdf/294.pdf
(page 73)

Remember, these are pounds, not U.S. dollars.

Take Congressman Mica's advice, folks. Study Virgin Trains.

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