Amtrak reduces Acela train business fares
Fare cuts of 25% come as demand from business travelers declines
By Tom Stundza -- Purchasing, 2/20/2009 11:43:00 AM
Amtrak lowered business fares by as much as 25% on its high-speed Acela Express trains between Boston and Washington to offset a 14% decline in January ridership because of fewer business trips. The prices are available for travel from March 3 through June 26 and tickets must be purchased 14 days in advance.
Amtrak will offer one-way nonrefundable Acela business-class tickets for as low as $99 between New York and Washington, down from $133 or more, and as low as $79 between Boston and New York, down from $93 or higher.
The drop in fares come as Acela ridership plunged 14% in January from the same month a year ago, and about 10% for the four months ending in January from the same period last year, a New York-based spokesman tells Bloomberg.
The Acela Express, which started running in 2000, is the only high-speed rail line in the U.S. It carries passengers between Boston’s South Station and Washington’s Union Station at speeds of as much as 150 mph, according to Amtrak’s Web site.
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