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Brightline lost $260million last year.......just one year
Your article is behind a pay-wall, but the profit from the rail is expected to come in when they open the leg to Orlando, which is by far the biggest piece of the project. I do hope the clean up the area around the Miami station, because the homeless are all over the place now.
I know this much: Brightline reported a 129% increase in revenue for the first six months of 2023
The company anticipates that 4.3 million long-distance passengers will travel between South Florida and Orlando every year once service starts here. https://www.bizjournals.com/orlando/...evenue-up.html
amazing how those profits are always just around the corner.....especially when they need more government money
Brightline to pay off $1.3 billion in bond and interest debt over next 5 years, report says
....The installments don't include $5.68 billion in debt that Brightline will have to pay off after 2027.
Brightline secures federal funds to help complete a plan for Tampa-to-Orlando high-speed rail
Brightline received nearly $16 million in funding from the U.S. Department of Transportation
Your article is behind a pay-wall, but the profit from the rail is expected to come in when they open the leg to Orlando, which is by far the biggest piece of the project. I do hope the clean up the area around the Miami station, because the homeless are all over the place now.
I know this much: Brightline reported a 129% increase in revenue for the first six months of 2023
The company anticipates that 4.3 million long-distance passengers will travel between South Florida and Orlando every year once service starts here. https://www.bizjournals.com/orlando/...evenue-up.html
No one wants to ride the trolley here because the homeless are constantly on it. It's just too dangerous for the average person. Can't have a cop on every car.
HSR would be very difficult to pull off in the USA and would only work in very dense regions, mainly in the Northeast.
People who keep pining for HSR fail to take into account of several important aspects.
American Railroads are privately owned and operated and exist to make a profit rather than provide a service like European and Chinese railroads.
Because they exist to make a profit, that have to provide a CONSIDERABLE advtantage to other methods of transportation, so much so that they must in some way maintain reliable profitability over a forseeable future.
The reason the above is much more difficult in America is because it is still much cheaper and easier to drive in America than Europe, China and Japan. America also is not and cannot ban short haul flights like the EU has done to promote HSR ridership.
Americans retain a plethora of land acquisition rights that most foreign countries do not have.
Amercians also retain a plethora of labor rights that most foreign countries do not have.
America does not manufacture its own steel
Add onto the fact that even without the above cost driving attributes that you still have to build a whole new alignment with special grading that typically costs 10x more than a interstate highway.. ..most companies that know the scope of mass transit in America that do not want to plunder into government funds to stay afloat generally stay away from the idea.
Brightline secures federal funds to help complete a plan for Tampa-to-Orlando high-speed rail
Brightline received nearly $16 million in funding from the U.S. Department of Transportation
Cool beans. The budget was $6 Billion. Big investment, but they figure they'll turn a profit.
And your complaint is.....?
Quote:
Originally Posted by 1AngryTaxPayer
No one wants to ride the trolley here because the homeless are constantly on it. It's just too dangerous for the average person. Can't have a cop on every car.
HSR would be very difficult to pull off in the USA and would only work in very dense regions, mainly in the Northeast.
People who keep pining for HSR fail to take into account of several important aspects.
American Railroads are privately owned and operated and exist to make a profit rather than provide a service like European and Chinese railroads.
Because they exist to make a profit, that have to provide a CONSIDERABLE advtantage to other methods of transportation, so much so that they must in some way maintain reliable profitability over a forseeable future.
The reason the above is much more difficult in America is because it is still much cheaper and easier to drive in America than Europe, China and Japan. America also is not and cannot ban short haul flights like the EU has done to promote HSR ridership.
Americans retain a plethora of land acquisition rights that most foreign countries do not have.
Amercians also retain a plethora of labor rights that most foreign countries do not have.
America does not manufacture its own steel
Add onto the fact that even without the above cost driving attributes that you still have to build a whole new alignment with special grading that typically costs 10x more than a interstate highway.. ..most companies that know the scope of mass transit in America than do not want to plunder into government funds to stay afloat generally stay away from the idea.
Rail is going to be the terrorist target going forward.
!= doesn't matter. Public trans is public trans. Hard pass.
I'll let you know if the Miami homeless start buying $80 tickets to travel to Orlando for some reason.
But you can pass. You can go by car, or whatever you fancy.
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