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Rail News Home Passenger Rail

9/1/2023



Rail News: Passenger Rail

VIA Rail posts revenue, ridership growth in Q2


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VIA Rail Canada Inc. (VIA Rail) continued to garner sustained travel demand growth in second-quarter 2023.

The railroad's revenue and ridership climbed 37.7% to CA$29.6 million and 31.3% to 240,179, respectively, compared to the same period last year, VIA Rail officials said in a press release.

"Our performance this quarter and over the past year shows a clear and steady trend of growing demand for rail travel in Canada," said VIA Rail President and CEO Mario Peloquin, who assumed that position on June 26. VIA Rail's Q2 2023 report is available here.

Meanwhile, four trains in VIA Rail's new fleet continue their pre-commercial launch, and in May the routes expanded to serve the Quebec City-Montreal-Ottawa Corridor. All 32 new trains are on track to be delivered by 2025, VIA Rail officials said.