Fredericksburg.com: GETTING THERE: Bad News for Bus Operators
GETTING THERE: Bad News for Bus Operators
Fredericksburg.com
June 21, 2020
The coronavirus has put some serious hurt on the bus industry.
The American Bus Association said on Friday that estimates show “the U.S. motorcoach industry will see its economic loss reach nearly $11 billion, a 71 percent decline in annual business, despite the easing of restrictions across the country.”
ABA President and CEO Peter Pantuso noted that while those numbers are improvements to earlier data, the figures show “the continued decimation of the private motorcoach industry, which has not received any financial help from Congress or the Trump Administration like other modes of transportation received in legislative relief packages passed so far.”