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Amtrak reports $801.1 million operating loss

(Source: Railway Age, November 23, 2020)

NEW YORK — Amtrak reported today preliminary results for fiscal year 2020 (October 2019-September 2020), including an operating loss of $801.1 million due to the pandemic. Operating revenues were $2.3 billion, a decrease of 31.9% over FY 2019. It also reported advancing $1.9 billion in infrastructure and fleet work.

Full story: Railway Age

Tuesday, November 24, 2020

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