The thing to remember is that high-speed rail can serve the middle class and is not just for the affluent. Hardly. France high-speed rail (TGV system) is affordable and makes a profit because the SNCF knows how to price its fares to serve consumer needs. It’s simple: they make regular TGV seats and non-rush hour fares affordable but then charge more on prices during rush hour and for upgraded seating. It’s sort of like paying for a matinée at the movie theater: during non-peak hours (which is most hours throughout the day) you pay a lot less; then during peak hours you pay twenty or thirty percent more. The movie theaters make a good profit doing this, and so does TGV in France.
So some continue to ask and continue to worry about how will high-speed rail pay for itself over the long-term and also be affordable to customers? And now you know. But this is only one of many methods HSR can turn a pretty profit and be of tremendous benefit to middle class America and everyone who travels the country each day. Or order your copy of Fast Trains: America’s High Speed Future — everything you need to know about the benefits of high-speed rail and the fast trains is yours to be had right away.
Nancy Bolts, co-author of Fast Trains: America’s High Speed Future