Auditors have expressed doubt about Brightline's ability to continue operating due to over $5 billion in debt. Despite financial troubles, the rail line's ridership and revenue hit record highs in the ...
Miami-Dade officials now seem close to penning a deal with Brightline that could cost taxpayers upward of $33 million a year.
The rail service is fielding bankruptcy-loan offers from creditors as it works to sustain revenue gains. Here's how its ...
Florida could have useful statewide train service via Brightline, but financial limitations, conflict with rail owners raise ...
When Brightline first launched its train service in Florida five years ago, it was a turning point for passenger rail in the U.S. The sleek new trains were fast and equipped with features like free wi ...
Florida’s Brightline, the nation’s only privately operated long-distance rail service, is once again taking strides to add a station to the Space Coast near the intersection of US 1 and The Beachline ...
A second firm has downgraded Brightline’s credit rating as the passenger train service struggles to grow fast enough to keep up with its debt payments. Fitch Ratings became the second credit ratings ...
Brightline has seen rising ridership this year and has lost less money than in years past, but its April 30 financial report shows that the high-speed rail line with trains from Miami through Broward ...
A Brightline train leaves the West Palm Beach, Florida, station on Sept. 6, 2023. No longer exclusively a South Florida service, Brightline runs from Orlando International Airport to downtown Miami ...