{"id":411616,"date":"2026-09-26T22:48:56","date_gmt":"2026-09-26T22:48:56","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/411616\/"},"modified":"2026-09-26T22:48:56","modified_gmt":"2026-09-26T22:48:56","slug":"brightline-bankruptcy-aims-to-keep-trains-rolling","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/411616\/","title":{"rendered":"Brightline bankruptcy aims to keep trains rolling"},"content":{"rendered":"\n<p>WEST PALM BEACH, Fla. \u2014 Brightline <a class=\"Link\" href=\"https:\/\/www.wptv.com\/lifestyle\/brightline-reaches-restructuring-deal-with-490m-in-new-financing-commitments\" target=\"_blank\" rel=\"nofollow noopener\">announced a bankruptcy filing<\/a> that will keep trains rolling and attempt to put the high-speed rail service on a profitable path.<\/p>\n<p>Besides reorganizing its debt, Brightline is also getting a $490 million long-term capital investment to keep the trains running from South Florida to Orlando.<\/p>\n<p>WATCH BELOW: Brightline bankruptcy aims to keep trains rolling<\/p>\n<p>Brightline bankruptcy aims to keep trains running in South Florida<\/p>\n<p>&#8220;This transaction will be a catalyst for further growth in ridership and revenue,&#8221; said Patrick Goddard, the chief executive officer of Brightline Florida.<\/p>\n<p>Brightline has reported a 17% increase in revenues in 2026 over the year before, but according to some analysts, the high-speed rail has had difficulty meeting projections.<\/p>\n<p>&#8220;The way they laid those out, the growth didn&#8217;t happen as planned, so it was a combination of number of riders and the revenue per rider,&#8221; says Tim Hynes, Global Head of Research for Debtwire.<\/p>\n<p>Hynes says the restructuring can allow Brightline to focus on being profitable.<\/p>\n<p>&#8220;There&#8217;s definitely a need for it, it&#8217;s going to be a combination of raising rates, getting more people to use it, but I believe over the long haul it will be successful,&#8221; Hynes said.<\/p>\n","protected":false},"excerpt":{"rendered":"WEST PALM BEACH, Fla. \u2014 Brightline announced a bankruptcy filing that will keep trains rolling and attempt to&hellip;\n","protected":false},"author":2,"featured_media":411617,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[20179,163258,249,251,250,107],"class_list":["post-411616","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-lauderdale","tag-brightline","tag-brightline-bankruptcy","tag-fort-lauderdale","tag-fort-lauderdale-headlines","tag-fort-lauderdale-news","tag-travel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/411616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=411616"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/411616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/411617"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=411616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=411616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=411616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}