Most newer routes cost at least $10 million per mile to construct. Clearly, the more expensive the line is to build, the more difficult it will be to break even. While operating costs vary, the cheapest European rail line costs more than $50,000 per seat to operate annually.
How much does the high-speed rail cost?
The Little Engine That Couldn't: California's High-Speed Rail Costs Rise To $200 Million Per Mile. California's high-speed rail (HSR) pencils out to around $200 million per mile for the San Francisco–Los Angeles route.
How much do trains cost Europe?
For a standard return ticket for one kilometre on the day of travel, Norway has the highest fare at €0.33. Austria (€0.25), France (€0.24), the UK (€0.23) and Switzerland (€0.22) follow. Latvia, Poland and Hungary have the lowest rail fares at less than €0.05 per kilometre.
How much does the European high-speed rail cost?
Is high-speed rail in Europe profitable?
From a financial standpoint, only two HSR lines in the world are profitable: Paris-Lyon in France and Tokyo-Osaka in Japan. A third line, Hakata-Osaka in Japan, breaks even. The majority of high-speed rail lines require large government subsidies from both general taxpayers and drivers.
Does high-speed rail make money?
He said there are only a few examples of high-speed rail networks that turn a profit, due to a rare combination of passenger numbers and distance. For example, most of the companies that run Japan's Shinkansen or "bullet train" lines operate at a profit, as do some fast trains on France's state-owned SNCF network.
How much did bullet train cost?
90 millionThe film received mixed reviews from critics who praised the action and comedy but criticized the story and grossed $239.3 million worldwide on a production budget of around $85.9–90 million.