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Amtrak revenue declines




Amtrak ridership declined 0.1% year over year to 30.8 million for the 2015 fiscal year, ending Sept. 30. The rail service provider attributed the dip to service disruptions, foul weather and low gas prices.

Ticket sales totaled $2.2 billion, also down 0.1%. Despite service disruptions, the Northeast Corridor saw a record 11.7 million riders, up 0.5% year over year. Ridership on Northeast Regional service, in particular, rose 1.5% to 8.2 million.

Revenue declined 1% to $3.2 billion, and Amtrak reported an operating loss of $306.5 million, compared with the 2014 fiscal year's $230.1 million loss. Ticket sales and other revenue covered 91.1% of Amtrak’s operating costs.