* Morocco moved ahead with serious plans to build a high-speed network with French TGV technology. *Lunatic*, n. One whose delusions are out of fashion.
(This is the HSR-350x prototype) *Lunatic*, n. One whose delusions are out of fashion.
Check ridership and revenue data in the Wikipedia article (most of it entered by yours truly...). But while 15.55 million passengers in a first year would be a dream for any European line, East Asia has different standards: daily ridership, though growing rapidly, is still about a third of the first, half of the later projections.
The construction of the line & trains ate up NT$489 billion (at current exchange rates 10.35 billion), with outstanding liability now totalling NT$377 (8 billion), against a first year revenue of NT$14 billion (0.3 billion), though this year they can safely expect the latter to double. Airlines already operate parallel flights at a loss, even with reduced fares. So, behind expectations, but it still will turn profitable. *Lunatic*, n. One whose delusions are out of fashion.