by IROQ1986
An interesting story from across the pond on the shift in transportation.
http://www.iht.com/articles/ap/2008/07/ ... e-Rail.php
The equity analyst quoted in the article states that a (1) significant savings could result, (2) there could be improved customer service with rail and (3) the administrative hassles (which are probably more of a problem in the US) that come with air travel are lessened by taking high-speed rail.
A couple of noteworthy quotes:
"Energy accounts for about 40 percent of an airline's total costs, against only around 10-15 percent for rail."
"...short haul flights are going to become redundant over the next five to ten years."
http://www.iht.com/articles/ap/2008/07/ ... e-Rail.php
The equity analyst quoted in the article states that a (1) significant savings could result, (2) there could be improved customer service with rail and (3) the administrative hassles (which are probably more of a problem in the US) that come with air travel are lessened by taking high-speed rail.
A couple of noteworthy quotes:
"Energy accounts for about 40 percent of an airline's total costs, against only around 10-15 percent for rail."
"...short haul flights are going to become redundant over the next five to ten years."