XpressWest Estimates 11 Million HSR Riders A Year
Last week XpressWest estimated 11 million people would ride high speed rail every year by 2035:
The figures were based on a $115 roundtrip ticket that would connect passengers on the publicly funded California High Speed rail system to a private line operated by XpressWest, the company franchised nearly two years ago to build a rail segment from Las Vegas to Palmdale….
About 3 million passengers are projected to take roundtrip rides when the first segment between Las Vegas and Palmdale, California, is completed by XpressWest in 2021, generating about $300 million in annual revenue, according to the study.
Those a great estimates. But without governmental funding, XpressWest will need to find another major investor, especially after China dropped out. A completion date of 2021 for tracks from Palmdale to Victorville and Las Vegas is doable, but it requires construction to begin sometime this year – which seems like a longshot.
It’s also unclear whether an anti-rail presidential administration would throw up even more roadblocks to this project. Republicans have attacked this plan in the past, deriding it as a “casino train.”
PS: Several of you have reported problems logging into the site, posting comments, or comments being posted under different usernames. I’m looking into this issue. The site’s WordPress install is fully up to date, as are all plug-ins. So bear with me as I try to diagnose and fix the problem.