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In reply to the discussion: House bill cuts Amtrak funding 40 percent [View all]wordpix
(18,652 posts)They may be the most profitable routes but that's only b/c they aren't maintained well or upgraded. I've traveled the NE on trains for decades and in all that time, have rarely seen work ongoing along the rail lines, and what work was taking place was in small bits and pieces and not for miles or for a system. Last month I was on Amtrak and not one project was ongoing between northern CT and southern PA, despite the obvious need.
Any business can be profitable for awhile if you have enough customers and keep milking the business and never upgrading or improving. At some point, though, the need for maintenance and upgrades arise, and money needs to be invested.
That's when corporate raiders like Rmoney step in and take over, fire people, sell off assets and the business, and make their personal million$.