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by sleepychu 1477 days ago
> Passenger rail networks are enormous money losers in every country they are deployed.

Citation needed, in the UK they are franchised to private companies. It's hard to imagine companies bidding to renew their enormous money losers. :-)

2 comments

Here is a fairly good overview from 2013 https://reason.org/wp-content/uploads/files/high_speed_rail_...

But again - lose the subsidies and lose the unions, and then see what is cost effective.

UK railways were (no longer are) public companies in all but name.

To claim they were privatized in anything but name is quite frankly insulting.