I'm thinking that the, how am I supposed to say this?, operating surplus/loss before allocated overhead, of the Eastern LD trains probably combined is not a large number.
East of the Mississippi (including CONO) without the Auto Train, 2014 total surplus-before-overhead approximately $9.1 million. With the Auto Train, surplus approximately $51.5 million. The Crescent has the largest individual loss among these trains, at $7.3 million, followed by the CONO; more riders out of New Orleans would be a big deal.
This estimation procedure required using Amtrak's last released data for direct-cost losses (the famous bar chart), retro-computing the overhead for that year by comparing to the official fully-allocated numbers, and assuming that the overhead is still allocated to trains in the same percentages it was at that time. (We have updated numbers for total LD overhead -- which has gone up -- but not for per-train overhead.)
A daily Cardinal might reduce any loss.
By a *lot*. In 2014 the Cardinal's loss-before-overhead was about $2.8 million. My conservative projection, based on multiplying revenues by 7/3 and direct costs by 1.5, says that a daily Cardinal would have a surplus-before-overhead of $2.3 million. That's a difference of $5.1 million per year. Which is enough to justify quite a large capital expenditure to make it happen; short payback period. More importantly, it's a shift from the loss side to the surplus side (before overhead).
But the big reduction comes from having more sleepers. iirc Neroden calculated that $1 million, and possibly $2 million, would go to the bottom line for each and every Viewliner sleeper!
Yeah, I've run that three or four ways and I don't always get the same numbers each time. It partly depends on train allocation, since some trains are running much higher ticket prices than others.
We have a specific test case in the Cardinal, which gained about $320,000 in sleeper revenue during 2014 by running an additional sleeper for only the last three months of the fiscal year. Annualize to get $1,280,000, multiply by 7/3 to get $2,986,666.
Operating costs for a sleeper, I worked out, were somewhere in the neighborhood of $525K for the LSL. ( Reference:
http://discuss.amtraktrains.com/index.php?/topic/45804-viewliner-ii-production-status-photos/page-57&do=findComment&comment=569288) Of this, about $300K in maintenance/fuel; and about $225K in wages-and-benefits.
It depends heavily on how many hours the train runs, unfortunately -- cutting runtime by an hour saves $6800/year. The Cardinal runs 26.5 hours (call it 28 with delays) rather than the LSL's 21 with delays, so raise the wage-and-benefit estimate to $300K.
If the two sleepers on the Cardinal can be handled by one attendant (because one of the sleepers is half-full of staff), then there are no added staffing costs, so multiply by 3 to get a cost of $900K. If an attendant is needed, it's $1.8 million.
This gives a profit of anywhere from $1.2 million to $2 million for adding a second sleeper to an already-daily Cardinal -- $2 million if no additional attendant is needed, $1.2 million if the attendant is needed. Even if this is optimistic, it'll still be over $1 million in incremental profit.
Significant. At $2 million the car pays for itself in 2 years. At $1.2 million it pays for itself in 3 years.
A daily Cardinal is probably more significant, however, due to the shift from the loss-before-overhead side to the profit-before-overhead side of the register. Even if it required $150 million in improvements, that would be a payback period of less than 10 years. The payback would be quicker with more cars added to the train, of course, or with a faster schedule.
So 25 sleepers plus half of the 10 bag dorms = 30 more sleepers, adding $30 million or possibly $60 million to the, er, operating surplus/loss before allocated overhead, figure, should make the combined total positive. That would put Amtrak in a good position to ask Congress for hundreds of new single-level coaches etc.
The problem is that a hell of a lot of overhead is assigned to these trains. $195.3 million to the single-level "LD" trains combined, $256.1 million to all the East-of-Mississippi trains including the Auto Train combined. Adding $30 million to the surplus before overhead is great, but if Congress is still looking at the phoney "fully-allocated" numbers, they'll still see phoney "losses".