VIA Rail Canada reports profit

Published on : Wednesday, February 13, 2013

VIA(1)VIA Rail Canada’s President and CEO, Mr. Marc Laliberté recently unveiled the rail’s passenger status on important routes.

Between Quebec City and Montréal, the number of passengers increased by 10.7% compared to the fourth quarter of 2011. In the Montréal – Ottawa – Toronto triangle, the number of passengers was up by 10.4% in Q4 2012 versus the same period one year earlier. This performance represents a trend reversal from previous quarters. On an annualized basis, ridership on these same routes varied by 2.4% and -0.8% respectively compared to 2011.

For the long-distance routes, adjustments to the frequency in scheduling that took effect during the fourth quarter improved the performances for the Ocean and the Canadian. The occupancy rate for both of the services reached 67% in November and December 2012, compared to 58% for the same period in 2011. The average number of passengers per train improved on both trains, up from 121 in 2011 to 126 in 2012 for the Ocean between Montréal and Halifax. The Canadian between Toronto and Vacouver welcomed 168 passengers on average in 2012, compared to 148 in 2011.

Overall in 2012, passenger volume for the network was 3.9 million travellers, a decrease of 5% compared to 2011. Average revenues per passenger reached $65.52, up 2.2% compared to 2011.

VIA’s intermodal strategy saw the number of connections between VIA Rail and its various partners increase by 119% compared to 2011. On average, 160 customers per day purchased a ticket from VIA Rail’s website with the intention of using the services of more than one transportation company.

 

source: VIA Rail

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