If they had cities to serve in the middle, then better. But there's nothing between Paris and Lyon on the LGV Sud-Est.
Compare Shikoku--only 3.8 million on the entire island, scattered all over it instead of in one neat linear corridor, and yet most rail is done by JR Shikoku rather than 3rd sector operators; it even supports two private rail companies (Iyotetsu and Kotoden)pic.twitter.com/c9BCmwuzrn
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JR Shikoku is the weakest JR, no?
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I think so, yeah--it's them or Hokkaido. But Iyotetsu and Kotoden are profitable afaik, and the point still stands that JR Shikoku isn't 3rd sector, despite operating in far worse circumstances than you find in South FL
End of conversation
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