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Brightline revenue increased 174% in 2023 compared to 2022, to $87.66 million from $31.97 million, including: $76.34 million for passenger and ancillary revenue, such as parking and food and beverages
Brightline reported a 174% increase in revenue but an 18% increase in net loss in 2023 compared to 2022, with the $306.68 million net loss due to increased expansion and operating costs, according ...
Brightline will refinance some of its $4.94 billion debt with $2.2 billion in tax-exempt bonds the Florida Development Finance Corp. issued May 9, which will be due in 2053, according to a 2023 ...
Brightline (reporting mark BLFX) is an intercity rail route in the United States that runs between Miami and Orlando, Florida. Part of the route runs on track owned and shared by the Florida East Coast Railway. Brightline is the only privately owned and operated intercity passenger railroad in the United States.
However, in August 2020 Brightline sought to terminate the deal, claiming that the Virgin Trains brand was no longer of value after the loss of its InterCity West Coast franchise. [18] Virgin sued Brightline for breach of contract. [19] In October 2023 Virgin won in the High Court of Justice in London and was awarded $115 million in damages ...
The Orlando International Airport Intermodal Terminal, also known as the Brightline Orlando Station and South Airport Intermodal Terminal, is an intermodal passenger transport hub located at Orlando International Airport in Orlando, Florida.
There was good news from Brightline as well in 2023. In October, officials announced they had begun a site-selection process for a Treasure Coast station in either Martin or St. Lucie county. The ...
In 2020, it was revealed that Brightline was planning a commuter rail service to complement their existing intercity service. Referred to as the Northeast Corridor, [6] trains would run between MiamiCentral and Aventura with five stations between. [6] Brightline and the Miami-Dade County Commission agreed to access fees in November 2020. [7]