Amtrak says it may have to cut some routes without another $1.5 billion bailout to survive the coronavirus crisis
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.
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