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"Like all businesses, we are operating in a period of uncertainty which may last several months," Virgin Trains/Brightline President Patrick Goddard said.March 26
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The rating agency, citing severe ridership drops from COVID-19, dropped its rating to A-minus from A. It assigns a negative outlook.March 25
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The short-term funding for airports and transit agencies in stimulus bills won’t be a substitute for the stability of long term financing.March 24
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They asked for a combined $4.4 billion.March 24
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New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.March 24
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The authority, which tapped its $1 billion credit line and received a warning shot from Moody's, says COVID-19 is a disaster that requires a national response.March 20
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Questions about the impact of COVID-19 surround the state-run authority, which operates New York City transit and is one of the largest municipal issuers.March 18
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Authority Chairman Patrick Foye cited plummeting revenue as riders stay home because of COVID-19March 17
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As COVID-19 impacts the U.S. economy, muni market participants want to bring back tax-exempt advance refunding, raise the cap on bank-qualified debt, among others.March 12
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Congressional offices may decide to minimize or ban face-to-face meetings as virus concerns grow.March 11
