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Brightline
June 25, 2019
|
Main line
Virgin Trains USA breaks ground on Orlando extension
FLORIDA passenger operator Virgin Trains USA broke ground on its 273km extension to Orlando on June 24.
April 9, 2019
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Financial
Virgin Trains USA receives approval to raise $US 950m debt
VIRGIN Trains USA, previously known as Brightline, has received approval to raise $US 950m in debt to fund its extension from West Palm Beach to Orlando.
February 14, 2019
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Financial
Virgin Trains USA cancels IPO
VIRGIN Trains USA has cancelled an IPO scheduled for the week of February 11, saying it will pursue other fundraising options. No indication was given whether Virgin Trains USA will reconsider an IPO in the near future.
January 30, 2019
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North America
Virgin Trains USA launches IPO
VIRGIN Trains USA announced on January 30 that it is launching an Initial Public Offering (IPO) of 28,334,000 shares in common stock.
January 25, 2019
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North America
Virgin USA targets inter-city expansion
Patrick Goddard, president of Virgin Trains USA, talks to David Burroughs about the 40 year strategic partnership and trademark licensing agreement with the Virgin Group.
January 14, 2019
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Main line
Brightline celebrates one year of operation
PRIVATELY-funded inter-city passenger operator Brightline celebrated one year of service on January 13, with nearly 600,000 passengers using the service between Miami and West Palm Beach in Florida.
November 30, 2018
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Main line
Virgin Trains USA enters negotiations for Orlando - Tampa right of way
FLORIDA Department of Transportation's (FDOT) Selection Committee has agreed to move forward in negotiating a lease agreement with Virgin Trains USA to allow the express inter-city operator to extend its Florida line from Orlando to Tampa.
November 22, 2018
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North America
Virgin Trains USA to launch IPO
VIRGIN Trains USA filed a prospectus with the US Securities and Exchange Commission on November 16 in preparation for an Initial Public Offering (IPO) on the Nasdaq Stock Exchange.
November 16, 2018
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North America
Brightline to become Virgin Trains USA
FLORIDA’s privately-funded inter-city rail operator Brightline announced on November 16 that it will be renamed Virgin Trains USA after signing a strategic partnership and trademark licensing agreement with the Virgin Group.
September 19, 2018
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North America
Brightline plans Los Angeles – Las Vegas high-speed rail
FLORIDA’s privately-funded inter-city rail operator Brightline confirmed on September 18 that it has acquired XpressWest, a high-speed project with rights to develop a federally-approved corridor connecting southern California with Las Vegas.
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