Amtrak 'cooks the books'. They count state subsidies as 'revenue' and move maintenance and depreciation off the spreadsheet. If a private company reported accounting like Amtrak, the SEC would be all over them.
Originally Posted by
alan s
Some routes are very profitable.
Fact check: Amtrak has over $28
Billion in unfunded, deferred maintenance on the 'very profitable' Northeast Corridor alone just to bring it up to 'a state of good repair' according to their own standards.
https://www.rtands.com/passenger/int...-33-3-billion/