Now that the Monorail is in bankruptcy, will it ever operate again?
Most certainly yes, it will.
The “prepackaged bankruptcy” was part of the arrangement whereby the Las Vegas Convention & Visitors Authority was able to step in and buy it at auction.
The plan is for the LVCVA to operate the line for another eight to 10 years, then dismantle it. Toward that end, $11 million has been set aside to eventually tear down the long-troubled elevated rail line. If Elon Musk can’t complete his light-rail line under the Strip by 2030, the Monorail theoretically could always keep it running.
But first, it has to start running again. It's been shut down for the past nearly seven months due to the pandemic.
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Molly
Oct-11-2020
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Jerry Patey
Oct-11-2020
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Molly
Oct-11-2020
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