Publish Date:
Wednesday, January 29, 2020 - 10:30am
BRIGHTLINE/VIRGIN TRAINS USA REPORT FINDS THAT 2019 PASSENGER COUNT AND REVENUES WERE FAR BELOW ITS OWN FORECASTS. Passengers count barely broke one million, less than half the count originally projected, and revenue was $22 million, less than a fifth.
Brightline is quick to says it's unconcerned about the lagging numbers, but Indian River County Attorney Dylan Reingold says otherwise.
“It is not surprising that they are so far below their expectations,” Reingold stated. “I will note that their increase in ridership for the month of December is probably tied to the drop in the average ticket price.”
Original article was written by Jeff Ostrowski of The Palm Beach Post.