Tag

Passenger Numbers

All articles tagged with #passenger numbers

transportation2 years ago

"US Rail System Receives Massive Funding Boost for Modernization and Expansion"

The Biden administration is unveiling major rail investments in the United States, including the country's first high-speed train between Los Angeles and Las Vegas, with the aim of doubling passenger numbers on America's railways by 2040. The $66 billion allocated for passenger trains is the largest sum since the formation of Amtrak in 1971. The funding will support the creation of new rail lines, extension of existing ones, renovation of stations, and the introduction of faster and more comfortable trains. The goal is to transform the outdated and limited rail network into a modern and efficient system.

business2 years ago

Emirates Group Achieves Record-Breaking $3 Billion Profit Amid Surge in Passengers.

Emirates Group reported record profits of $3 billion and an 81% increase in revenue for the year ending April 2023, with passenger numbers up 123% compared to the previous year. The positive figures were attributed to strong leadership and Dubai's "progressive policies." Emirates invested 7.2 billion dirhams in new aircraft, facilities, equipment, companies, and tech, and has committed to acquiring five new Boeing 777 aircraft, opening the world's largest vertical farm in Dubai, and building a new pilot training center. The airline was able to repay 3 billion dirhams of debt raised during the Covid-19 crisis and paid a dividend payout of 4.5 billion dirhams to its owner, Investment Corporation of Dubai.

travel2 years ago

Record-breaking Spring Break traffic overwhelms Austin and Orlando airports.

Three of the top 5 record-breaking days for passenger numbers at Austin-Bergstrom International Airport occurred during the 2023 South by Southwest Conference & Festivals. The airport has been managing the high volume of passengers smoothly, with an average of over 30,000 passengers per day. The airport is expecting high numbers of travelers for the PGA tournament and is also considering the impact of Spring Break on traveling.