The Financial Performance of Non-Urban Passenger Rail Services
The paper has three parts. It first summarizes the main factors that influence the costs and fare box cost recovery of rail passenger services, with illustrations from a range of different countries in which the Bank is involved in rail passenger o...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2007/09/9117912/financial-performance-non-urban-passenger-rail-services http://hdl.handle.net/10986/17412 |
| Summary: | The paper has three parts. It first
summarizes the main factors that influence the costs and
fare box cost recovery of rail passenger services, with
illustrations from a range of different countries in which
the Bank is involved in rail passenger operations. Second,
it provides a generalized passenger service costing model,
including indicative sets of input unit costs representing
different levels of efficiency: this model is used for
illustrative purposes in this paper but the structure can be
readily applied by transport planners and policy-makers,
with use of local parameters, in developing and transition
countries. Third, it illustrates the cost drivers of
services and the sensitivity of costs to different market
and operational drivers. This report also addresses the
sensitivity of cost to changes in key scenario assumptions.
This shows that operating costs are minimized (but revenue
not necessarily maximized) when operating speed is around 80
km/h. Above that speed, above-rail unit costs gradually
increase as continuing reductions in time-related costs,
principally rolling stock capital cost, are progressively
offset by increased fuel consumption and equipment
maintenance. Infrastructure maintenance costs also increase
significantly with speed because of the need for higher
quality track. |
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