Brightline, Florida’s privately operated intercity passenger railroad, has filed for Chapter 11 bankruptcy protection after years of financial struggles and revenue falling short of projections.
The filing was made in New Jersey and covers several of Brightline’s corporate entities. Its train operations are being kept outside the bankruptcy case, allowing the company to maintain its regular passenger service while the restructuring moves forward.
Brightline’s network stretches 235 miles between Orlando and Miami, serving West Palm Beach, Boca Raton, Fort Lauderdale, and Aventura along the way…