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UPDATE 2-Amtrak president blasts zero-funding proposal
Mon Feb 7, 2005 07:20 PM ET
(Recasts, adds Amtrak background, Crandall)
By John Crawley
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UPDATE 2-Amtrak president blasts zero-funding proposal
UPDATE 1-More than 1.4 mln flights late in US last year
American Airlines reports traffic up in January
WASHINGTON, Feb 7 (Reuters) - The Bush administration has no plan for Amtrak other than bankruptcy, the national passenger railroad's president told employees on Monday after the White House proposed no operating subsidy in its 2006 budget.
The administration's proposal for no subsidies next year was "irresponsible and surprising," Amtrak President David Gunn told employees in an e-mail message.
"In a word, they have no plan for Amtrak other than bankruptcy," Gunn said.
REMAINDER DELETED - POST THE LINK
Mon Feb 7, 2005 07:20 PM ET
(Recasts, adds Amtrak background, Crandall)
By John Crawley
FACT BOX
AMR.N (AMR CORP)
Last: 9.42
Change: 0.00
Up/Down: 0.00
Quote
Full Chart
Company Profile
Research Reports
News for AMR.N
UPDATE 2-Amtrak president blasts zero-funding proposal
UPDATE 1-More than 1.4 mln flights late in US last year
American Airlines reports traffic up in January
WASHINGTON, Feb 7 (Reuters) - The Bush administration has no plan for Amtrak other than bankruptcy, the national passenger railroad's president told employees on Monday after the White House proposed no operating subsidy in its 2006 budget.
The administration's proposal for no subsidies next year was "irresponsible and surprising," Amtrak President David Gunn told employees in an e-mail message.
"In a word, they have no plan for Amtrak other than bankruptcy," Gunn said.
REMAINDER DELETED - POST THE LINK