Amtrak says it needs another $1.5 billion bailout to survive the coronavirus crisis - Business Insider

Passengers board an Amtrak train inside New York's Penn Station, the nation's busiest train hub, which will be closing tracks for repairs causing massive disruptions to commuters in New York CityAmtrak was on the brink of breaking even financially for the first time ever before the coronavirus pandemic hit. To make up for the revenue shortfall, Amtrak needs another $1.5 billion bailout from Congress, it said in a letter Tuesday. U.S.

"In February of this year, as Amtrak was on track to have its first break-even year in the company's history," CEO Bill Flynn, who took over in April, said in the letter.

Trains are done. Until we get something high speed, they just don’t make much sense. They’re containers of germs

TrainWreck ?

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the Boeing Business Jet 787 Dreamliner's most luxurious designs - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 1929 much? GTFOOH
Source: BusinessInsider - 🏆 729. / 51 Read more »

French government's crisis measures have cost 450 billion euros - finance ministerFrench government measures to prop up the economy through the coronavirus crisis have cost 450 billion euros ($490 billion), the equivalent of 20% of GDP, the finance minister said on Monday. Listen/download mazi nnamdi kanu's broadcast sunday may 24 2020..pls retweet if u see this so that the whole world will listen Good job!
Source: Reuters - 🏆 2. / 97 Read more »