U.S., Florida: Brightline passenger counts, revenue remain well below company’s own projections

By Jeff Ostrowski, The Palm Beach Post; January 20, 2020

Brightline, the rail company aiming to prove the financial viability of private train service, says its 2019 passenger counts and revenues were far below its own forecasts.

In a document issued to bond investors in late 2017, Brightline projected its 2019 ridership in South Florida would top 2.3 million, while revenue would eclipse $112 million.

Click here to read the full article.

Please share with others