Fox Business News: Coronavirus Brings Tour Bus Industry to a Halt, Costing Companies Millions
Coronavirus Brings Tour Bus Industry to a Halt, Costing Companies Millions
Fox Business News
By Jeanette Settembre
June 15, 2020
“Even though travel and hospitality are starting to open up, this segment of the industry will not open up nearly at the same pace -- we’re looking at a three- or four-year recovery,” Peter Pantuso, president and CEO of the American Bus Association said, noting capacity restrictions will inevitably result in rate cuts. “If you can only put 25 people on a 50 passenger bus, you cannot run a bus at the same rate for very long.”
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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, Vice President, Communications & Marketing, ABA
Office: (202) 218-7220
Email: .(JavaScript must be enabled to view this email address)