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[QUOTE]Originally posted by palmland: [QB] Since Brightline has progressed since its AAF days and seems to be a going concern, I thought it deserves its own topic. The latest is this [URL=https://www.tcpalm.com/story/news/local/shaping-our-future/all-aboard-florida/2018/09/28/brightline-reports-23-8-m-net-loss-despite-increased-ridership/1458621002/]financial report[/URL] that perhaps GBN can decipher for us. It would appear that this reflects a lot of overhead/ administrative costs so its hard to tell what the financials are for only the direct costs and revenues for the rail operations (reminds me of the days of the debate, pre Amtrak, on calculating the loss on passenger service). Regardless, it is clear that for Brightline it’s all about leveraging their real estate investement with the train service. Not a bad business model. I guess it’s sort of the reverse of 150 years ago when the UP and others hoped to grow the rail business by supporting new towns and, much later, hotels. [/QB][/QUOTE]
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