United States Department of Transportation
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Alternative Title:The Travel Solution for Our Time: Community, Mobility, and Environment
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OCLC Number:1788396
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NTL Classification:NTL-PUBLIC TRANSPORTATION-Rail Transit;NTL-PUBLIC TRANSPORTATION-Transit Planning and Policy;NTL-REFERENCES AND DIRECTORIES-Statistics;
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Abstract:As a testament to the growing popularity of rail travel, annual ridership has risen every year, growing 12 percent between FY 2002 and 2006. During the same period, per-passenger-mile revenue yield rose from 23.6 cents to 26.5 cents. With 24.3 million passengers in FY 2006, Amtrak generated record-high ticket revenue of $1.35 billion. These operating efficiencies and increased revenue have reduced our required federal support for operations every year since FY 2003, from $496 million in FY 2003 to $433 million in 2006. During this period, we also paid down our long-term debt by $400 million, from $3.9 billion in FY 2002 to under $3.5 billion in 2006, and we have not entered into any new debt agreements since FY 2002.
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