VIA Rail’s passenger revenue has increased for the 22nd consecutive quarter.Photo – VIA Rail
VIA Rail Canada Inc. logged a nearly 7 percent increase in ridership and a 1 percent increase in passenger revenue in third-quarter 2019 compared with the same period last year.
VIA posted total passenger revenue of CA$113.4 million, an increase of CA$1.1 million compared with the previous year’s quarter. Total revenue reached CA$119 million, according to VIA Rail’s financial report.
The increases represent the 15th straight quarter of increased ridership and the 22nd consecutive quarter of revenue growth, VIA Rail officials said in a press release.
VIA Rail also recorded its highest ridership percentage increase — about 27 percent — on regional services. The ridership growth was attributed in part to the return of service between Winnipeg and Churchill in Manitoba, Canada, officials said.
Ridership and passenger revenue on the Quebec City-Windsor corridor climbed 7.2 percent and 5.5 percent, respectively. Passenger revenue on the Montreal-to-Halifax service rose 9 percent versus third-quarter 2018.
Contact Progressive Railroading editorial staff.