1. Home
  2. / Logistics and Transportation
  3. / Brazil Metro: Train Operators Request Urgent Financial Assistance
Location SP Reading time 2 min of reading

Brazil Metro: Train Operators Request Urgent Financial Assistance

Written by Paulo Nogueira
Published on 18/09/2020 at 08:44
Updated on 18/09/2020 at 08:48
metrô operadoras financeira covid 19
Be the first to react!
React to this article

Rail And Subway Companies Are Transporting Only Half The Passengers They Used To Before The Crisis, Causing A Financial Loss Of R$ 5.6 Billion

Representatives of subway and train operators in Brazil are calling for urgent measures, including financial assistance, as the effects of COVID-19 continue to harm operations.

The Chamber of Deputies approved last month a R$ 4 billion (US$ 769 million) aid package to support subway, train, and bus operators struggling due to the pandemic. However, the financial support still needs to be approved by the Senate and there is no date set for the vote.

“The world is facing an unprecedented crisis due to the pandemic and we need to join forces to recover the sectors,” said Joubert Flores, president of the National Association of Passenger Transporters by Rail (ANPTrilhos), in a statement. “In public transport, subway operators have made every possible adjustment to maintain their operations over these months and ensure the movement of people.”

He added: “After six months, the situation is becoming increasingly unsustainable and we are asking for Congress’s attention.”

Train and subway companies are currently transporting only 50% of the passengers they served before the health crisis, and the financial impact amounts to R$ 5.6 billion, according to ANPTrilhos.

“Based on these six months of pandemic, it is possible to see that the recovery of the public transport sector is very slow and gradual, indicating that, in addition to emergency aid, a new way of financing and organizing all mobility needs to be discussed “, said the association.

Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

Share in apps