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VIA Rail Releases 2020 Annual Report
VIA Rail Releases 2020 Annual Report Written by Marybeth Luczak, Executive Editor
In 2020, ridership came in at 1.15 million total passenger trips, falling 77% from more than 5 million in 2019. As a result, passenger revenues dropped 80% to C$76 million from C$388 in 2019.
VIA Rail Canada has published a 199-page annual report for 2020, covering its response to pandemic- and blockade-related service disruptions and how it moved forward with the implementation of its 2020-25 strategic plan.
• In 2020, ridership came in at 1.15 million total passenger trips, falling 77% from more than 5 million trips in 2019. As a result, passenger revenues dropped 80% to C$76 million from C$388 in 2019. Total revenues were C$92 million, down 77% from $411.1 million in 2019.
From January 1
Ridership decreased by 77% in 2020 compared to 2019
Operating expenses decreased by 21.2%
Essential services maintained during the pandemic
Continuous implementation of preventive measures in response to the pandemic
Sustained progress on VIA Rail s modernization program
MONTRÉAL, May 19, 2021 /CNW Telbec/ - After a remarkably difficult year, VIA Rail Canada (VIA Rail) reflects in its 2020 annual report on the unique challenges it faced, and on its responsible and efficient response to the significant disruption in its operations stemming from blockades and the COVID-19 pandemic. VIA Rail experienced in 2020 a 77% drop in ridership and a decrease of 80% in passenger revenues compared to 2019.