RZD 10-month passenger flow down 27.4%

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AK&M 03 November 2020 22:50

For 10 months of 2020, the passenger flow of JSC Russian Railways decreased by 27.4% year-on-year to 728.1 million, the company informed.

In particular, 58.1 million passengers traveled in long-distance trains (-41.5%), 670 million passengers in commuter trains (-25.8%).

In October 2020, Russian Railways provided services to 82.3 million passengers (-22.2% year-on-year), including 76.8 million passengers traveling in commuter trains, 5.5 million passengers in long-distance trains.

Russian Railways is one of the world's top three railway operators. The company started operation on October 1, 2003. The founder and sole shareholder of JSC Russian Railways is the Russian Federation. The Government of Russia exercises the shareholder's powers on behalf of the Russian Federation. The company's assets were formed by contributing assets of 987 state-owned federal railway transport organizations to the authorized capital of JSC Russian Railways at book value. The company's authorized capital is RUB 2,315,846,775,000 and consists of 2,315,846,775 shares.