Las Vegas monorail files for bankruptcy but may survive pandemic

  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

United States Headlines News

United States Latest News,United States Headlines

The Las Vegas Monorail Company filed for bankruptcy this week, nearly six months after its last passenger boarded, as transportation businesses continue to struggle with fallout of the Covid-19 pandemic

The monorail shut down on March 18 and has yet to reopen. Transit systems worldwide have seen ridership drop and face increased costs to clean and sanitize their trains and buses.But Vegas visitors should still have a chance to ride the monorail on future trips.The bankruptcy filing is part of the monorail's agreement to sell itself to the Las Vegas Convention and Visitors Authority, which made a bid for up to $24.3 million for the company.

US monorails are generally more of a novelty than a serious and integral part of city transportation systems.Las Vegas's 3.9-mile system originally opened in 2004. It carries five million riders a year, according to the Las Vegas Convention and Visitors Authority.Aside from Disney World resorts, the only American monorails are in Las Vegas and Seattle, according to Keith Walls, vice president of the Monorail Society, an organization that promotes awareness of monorails.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Another government blunder. The simpsons called it correctly years ago

The services offered in Las Vegas are about to get expensive. Sin city heading for reset ?

Triste!!!

I tried to use this. By the time you walked to the rear of the hotels to board the monorail and then back through the rear of another hotel, you could have been there more quickly just walking out onto the street!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NBA star DeMarcus Cousins asks $8 million for lavish Las Vegas mansionIn Las Vegas, NBA big man DeMarcus Cousins is asking $8 million for his 20,000-square-foot mansion with an indoor basketball court. Let me guess. Oppressed! Ugly!
Source: latimes - 🏆 11. / 82 Read more »

Lily Allen and David Harbour Got a Marriage License in Las VegasOver the long weekend, Lily Allen and David Harbour obtained a marriage license in Las Vegas. Mdr
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

Lily Allen and David Harbour Got a Marriage License in Las VegasLily Allen and 'Stranger Things' star David Harbour got their marriage license in Las Vegas, Nevada. They have one year to get married before it expires.
Source: Cosmopolitan - 🏆 725. / 51 Read more »

Lily Allen and David Harbour Get Marriage License in Las VegasLily Allen and David Harbour are planning to get married within a year! 👰🤵
Source: etnow - 🏆 696. / 51 Read more »

Lily Allen and David Harbour Got a Marriage License in Las VegasOver the long weekend, Lily Allen and David Harbour obtained a marriage license in Las Vegas.
Source: ELLE Magazine (US) - 🏆 472. / 51 Read more »

David Harbour and Lily Allen Marry in Las VegasWhat happened in Vegas, doesn't stay in Vegas for David Harbour and Lily Allen! 🤵👰
Source: etnow - 🏆 696. / 51 Read more »