There is a way today to make a profit on passenger rail, but that will require subidies from those entities who want and need that rail service. (There is a paradigm for minimizing those subsidies, but a lot of that stuff is proprietary, so I have to careful what I post.)
The Class I's, by the way, have no problem running corridor service passenger rail if they are paid for it, and BNSF actually uses Amtrak as a profit center. So there is hope.
Actually, I thought there were some passenger rail companies that were profitable. The tickets are very expensive, but the quality of service is unparalleled by any other non-oceanic mode of travel. The idea is that rather than paring service to the point that people will use the train as a means of getting from point A to point B, the companies enhance the service so that people enjoy the trip itself, rather than the fact that they eventually get to their destination.
>The Class I's, by the way, have no problem running corridor >service passenger rail if they are paid for it, and BNSF >actually uses Amtrak as a profit center. So there is hope.
BNSF runs commuter trains in the Chicagoland area with success