* Morocco moved ahead with serious plans to build a high-speed network with French TGV technology. *Traitor*, n. A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.
(This is the HSR-350x prototype) *Traitor*, n. A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.
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. *Traitor*, n. A benighted individual who perceives an illusory distinction between serving his nation and abetting the criminals who govern it.
