The Valruzian Economist || Economic News From ValruziaWKP VALRUZIAN STATE RAILWAYS CARRIED MORE THAN 450 MILLION PASSENGERS SINCE JANUARYNowogard,
October 4345MMZT-E01 Maria - the most commonly used train in Valruzia, currently WKP has more than 250 EMU of this type in its rolling stock.
NOWOGARD - Since January this year (4345), the WKP Valruzian State Railways carried 450 million passengers on its trains across Valruzia and countries belonging to the
North Seleyan Train Operating Company (except Aldegar due to the ongoing political crisis between the two states). This is by over 98 million more than carried during the whole previous year (4244) and all indicated that the record will be set at a very high level as the WKP's management predicts that the upcoming holiday season will boost the number of sales even further. WKP also noticed a significant increase in its EBIT which in October were at 1.2 billion Pesos, more than 300 million more than in the analogous period last year. The main factors behind the rise of WKP's number of the passenger are undeniably the
continuous expansion of the budget for infrastructure and transport which allows the expansion of the railway and electrification of numerous parts of the railway in Valruzia, as well as the competitive policies of the WKP. Last summer the WKP introduced a series of domestic and international routes as well as intensified the timetables.
President of the WKP Łukasz Jabłoński said for the Valruzian Economist:
Passengers rediscover the charm and magic of the travels by train. Between January and October this year, WKP carried and services a little more than 450 million passengers, more than 98 million more than in the previous year. The results have surpassed our most daring expectations, we are thankful for the appreciation for our efforts in the field of personal transport,
and we promise that we will follow our pursuit of a strong, stable and reliable railway for Valruzia and the whole region. We are now considering the purchase of more Xiandai high-velocity trains. The decision will be made within the next 3 months.
The year 4345 saw increases in all customer groups. In comparison with the previous year, 19% more families, 21% more students, and 10% more seniors used WKP's services. Routes between Nowogard and Brzansk, Nowogard and the Tri-city (Gryfitów, Szymonice, and Garncagrad), and Brzansk and Tri-city. According to WKP's statements, the route between Nowogard and Brzansk accounts for 19% of all passenger transport by rail. The number of tickets purchased via the WKP's website is continuously increasing. Between January and October, the numbers of tickets bought on the Internet accounted for 46% of the total tickets sales. In the previous year between January and December, only 33% of tickets were bought online.
Valruzian national railway transport provider informed that this year saw also the record-high EBIT of 1.2 billion Pesos - 25% more than the entire previous year. Valruzia's most influential rating agency Lockhart-Bień Sp. z o.o. increased the credit rating of the company to the highest level AAA for long-term rating, and AA for the short period.
President of the WKP Ł. Jabłoński:
More and more people chose traveling by train over bus or cars, we admit that our largest competitor on the Valruzian market in the LOT Group with its Homeconnect specializing in domestic flights. Our advantage is more frequent transport which we bet on the most, and with speed of trains still increasing we will take on the time efficiency in the future to compete with the airline industry more effectively.