Flu.Watch - Influenza News and Updates
Reports on the Coronavirus and Influenza Around the World
  • Home
  • Updates
Navigation: Main Page > Updates > New York City’s subway ridership fell 60% because of the coronavirus. Now the agency in charge of the trains says it needs a $4 billion bailout.

Breaking News

Answers to 9 crucial questions about the coronavirus variants spreading around the world
Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.
Biden Outlines $1.9 Trillion Spending Package to Combat Virus and Downturn
What’s in Biden’s $1.9 Trillion Stimulus Plan
Biden’s $1.9 trillion Covid relief plan calls for stimulus checks, unemployment support and more

Updates

New York City’s subway ridership fell 60% because of the coronavirus. Now the agency in charge of the trains says it needs a $4 billion bailout.

Editor Business Insider March 19, 2020

  • Ridership on New York City public transit systems has fallen dramatically as the coronavirus forced businesses, schools, and restaurants to shutter. 
  • Facing a steep revenue cliff, the agency that runs subways, trains, and buses is asking for $4 billion in federal funding. 
  • The subway has finally found steady improvement after decades of neglect, all of which could soon be lost, leaders warned. 
  • Visit Business Insider’s homepage for more stories.

New York City’s public transportation system has seen decimated ridership as businesses shutter and schools close to stop the spread of the coronavirus, leading officials to request nearly $4 billion in assistance from the federal government.

The Metropolitan Transportation Agency — a state office which runs trains and buses and controls some bridges and tunnels — said in a plea to federal officials that subway ridership has sank 60% from usual ridership levels, while passenger counts on its two commuter railroads are down 90% and 60%. On city buses, ridership is down 49%, the MTA said.

“As a result, MTA revenue has plummeted as we provide these essential services,” Patrick Foye, the agency’s chairman and CEO, said in the letter. “We project the full impact will be over $4 billion by the end …continued .
[Source: Business Insider]

Related Posts

Updates /

Answers to 9 crucial questions about the coronavirus variants spreading around the world

Updates /

Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.

Updates /

Biden Outlines $1.9 Trillion Spending Package to Combat Virus and Downturn

‹ Dow drops 1,300 points, S&P 500 loses 5% as coronavirus market sell-off reaches new low › How coronavirus overwhelmed Italy, with more than 4,000 deaths in one month
January 2021
M T W T F S S
 123
45678910
11121314151617
18192021222324
25262728293031
« Dec    

Recent Updates

  • Answers to 9 crucial questions about the coronavirus variants spreading around the worldAnswers to 9 crucial questions about the coronavirus variants spreading around the world
  • Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.Prisons are covid hot spots. But few countries are prioritizing vaccines for inmates.
  • Biden Outlines $1Biden Outlines $1.9 Trillion Spending Package to Combat Virus and Downturn
  • What’s in Biden’s $1What’s in Biden’s $1.9 Trillion Stimulus Plan
  • Biden's $1Biden’s $1.9 trillion Covid relief plan calls for stimulus checks, unemployment support and more

Flu Watch Monthly Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020

Browse by Popular Tag

Business Insider BuzzFeed CBS News Centers for Disease Control and Prevention CNBC CNN Fox News Huffington Post New York Times The Guardian Washington Post World Health Organization Yahoo News

Back to Top

  • DMCA / Copyright
(c) 2020 Flu.Watch