Japan struggles to fill bullet trains running with empty seats amid Covid-19 slump

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Japan struggles to fill bullet trains running with empty seats amid Covid-19 slump
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TOKYO (BLOOMBERG) - These days, the section of Tokyo Station serving regional destinations is a shadow of its former self. Gone are the usual crowds and on a mid-week afternoon in late September, just a handful of commuters browsed bento-box stores.. Read more at straitstimes.com.

TOKYO - These days, the section of Tokyo Station serving regional destinations is a shadow of its former self. Gone are the usual crowds and on a mid-week afternoon in late September, just a handful of commuters browsed bento-box stores.

East Japan Railway Co. and West Japan Railway Co., two of the largest by ticket sales, are forecasting their deepest losses since the country's rail network was privatised in 1987. East JR is expecting a loss of 418 billion yen for the current year that ends March 31, versus a 198.4 billion yen profit the previous period. West JR sees a deficit of 240 billion yen.

However, with coronavirus case numbers heading in the wrong direction and people reluctant to take even short breaks for fear of infection, some politicians have labelled the Go To campaign a failure.and now how about? pic.twitter.com/q3wOARTzkf It's probably"not possible to go back to the pre-Covid era," said Yoshitaka Watanabe, who manages East JR's marketing department. The industry had been expecting a V-shaped recovery; now it will likely be an L-curve, he said.

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