Yahoo: Bus Companies Are Struggling Amid the COVID-19 Pandemic Due to Low Demand

Bus Companies Are Struggling Amid the COVID-19 Pandemic Due to Low Demand
Yahoo
Joe Price
December 23, 2020

As exponential increases in COVID-19 cases sees travel plans cancelled across the nation, bus companies are struggling to adapt to these changes.

NPR reports that the financial impact of the low demand for bus travel, on account of either lockdowns or safety concerns, could cause long-lasting damage to these companies. Since the start of the pandemic, demand for travel via bus has fallen by over 80 percent. Health officials have urged people to avoid using public transport when possible, encouraging everyone to take extra consideration into any travel plans.
...

President of the American Bus Association, Peter Pantuso, added that the industry is currently operating "at about 10 percent capacity."

Even with multiple COVID-19 vaccines getting approval, there's still no clear end in sight for the pandemic. Companies aren't clear on when they can expect demand to return to normal, or if it even will. Pantuso has noted that around 85 percent of people who work in the bus industry have either been furloughed or laid off.

read article 

About the American Bus Association

The American Bus Association (ABA) is the trade organization of the intercity bus industry, with more than 1,000 motorcoach and tour company members in the United States and Canada. Its members operate charter, tour, regular route, airport express, special operations and contract services. Another 2,800 members are travel and tourism organizations and suppliers of bus products and services who work in partnership with the North American motorcoach industry.

Contact

Melanie Hinton, Director of Communications & Media Relations, ABA
Office: (202) 218-7220
Email: .(JavaScript must be enabled to view this email address)