Print

Amtrak Fiscal Year 2020: Prioritized Customer Safety, Advanced Infrastructure and Fast-Tracked Technology

Urgent funding needed for continued service

WASHINGTON – Amtrak has worked steadily over the past fiscal year to prioritize customer safety, advance infrastructure and fast-track technology improvements even as the ongoing pandemic caused a devastating drop in ridership and revenue. Amtrak quickly pivoted to handle this unprecedented challenge and ensure customers and employees remained healthy, while also continuing to focus on improving intercity passenger rail for the future.

“Our dedicated employees continue to work tirelessly through the pandemic to keep this country moving, advance critical infrastructure and update technology and services, and provide safe transportation to customers,” said Amtrak President & CEO Bill Flynn. “However, without additional funding for 2021, we will be forced to further reduce service, defer critical capital projects and make more job reductions despite this important progress.”

Business remains at about 25% of pre-COVID levels, and based on the current forecast, ridership and revenue is expected to improve to about 37% of pre-COVID levels by the end of fiscal year 2021.

“Prior to the pandemic and with strong support from our partners, Amtrak set new records for ridership, revenue, and financial performance on its path to achieve operational breakeven in fiscal year 2020, further demonstrating the country’s growing need for rail,” said Amtrak Board Chair Tony Coscia. “We are continuing to make advancements so when customers return, they will find an even better Amtrak.”

Preliminary results for fiscal year 2020 (Oct. 2019 - Sept. 2020) include:

·       Safety: Completed Positive Train Control (PTC) installation on all tracks managed by Amtrak, continued advancement of our Safety Management System

 

·       Capital Investment: Advanced $1.9 billion in infrastructure and fleet work

 

·       Ridership[1]: Provided 16.8 million customer trips, a year-over-year decrease of 15.2 million passengers, owing to the pandemic-related travel demand reductions

 

·       Operating Earnings[2]: ($801.1 million)

 

·       Total Operating Revenue2, [3]: $2.3 billion, decreased 31.9% over FY 2019

 

Amtrak highlights in fiscal year 2020 include:  

 

 

·         Safety: Continued advancement of the comprehensive Amtrak Safety Management System, resulting in improvements in a broad range of safety metrics. Completed PTC implementation on all Amtrak-owned and controlled track.

 

 

 

 

 

 

·         Technology: Understanding the importance of convenience and contact-free travel, Amtrak improved and expanded its website and mobile platforms. These updates included customers receiving access to information and services on their mobile device, such as gate and track notifications at select stations to reduce crowding around station departure boards, a capacity indicator icon allowing customers to see how full the train is before booking.

 

·         Product Upgrades: Launched and expanded several popular programs to provide customers with improved amenities, including the introduction of the Carry-on bike program on the Pennsylvanian (and the increase of program for most Northeast Regional departures, and various Northeast State-Supported trains: Keystone Service, Downeaster trains and Amtrak Hartford Line trains), broadened reserved seating to all Acela Business Class and Palmetto, Vermonter, Carolinian and Northeast Regional Business class customers, upgraded bedding, pillows, towels, linens and other goods in private rooms on the Auto Train, expanded the pet program to allow customers to travel with their dogs and cats up to 20 pounds onboard weekday Acela trains, and debuted the RideReserveSM program to reduce crowding and provide a more comfortable ride for customers.

 

 

 

 

About Amtrak®

Amtrak is setting a new standard for travel. To simplify and safeguard the travel experience, new cleaning and convenience measures are part of every customer’s contactless journey – from booking to arrival. Leveraging a full-time medical director and public health and safety team, we are committed to operating a safe, environmentally efficient and fiscally responsible business. Book travel, check train status, access your eTicket and more through the Amtrak app. Learn more at Amtrak.com.