From the BSRR motion download/file.php?id=23338
The Debtor has not been idle however. During the pendency of this case, the Debtor has
(1) received approval from the Federal Railroad Administration to begin testing the Debtor’s proprietary Positive Train control system
an update would be interesting
(3) it has had legislation introduced by both houses of the Rhode Island General Assembly which will greatly ease its efforts [with] obtaining a mid-way stop location
bill numbers, and to quote Schoolhouse Rock "today I am still just a bill"
(4) it has had a multi-billion dollar transportation management company express interest post plan investment.
Who is the white knight, Keolis? Virgin Trains? Alternative Concepts? Cloverleaf Industries?
The Valley Breeze article from December https://www.valleybreeze.com/2020-12-09 ... ot-january
said their dispute with RIDOT was settled, and they would vacate Woonsocket Station by 1/31/2021. That was supposed to be the main reason for the bankruptcy filing, if that thorn has been removed...
They also said they ran four dinner trains in 2018, and that dinner train service is worth $800K revenue. "Bono said he hopes to run dinner trains again in the future, but they will not stop in Woonsocket." $200K revenue per dinner train, is that realistic? And would that be profitable I guess even if you are leasing equipment, crew and track.
(2) it has tentatively scheduled resumption of its revenue producing excursion trains for early summer;
This might 'splain the new website and the countdown clock.
This would be an ideal time to buy rolling stock from Iowa Pacific. Commuter trains with dome cars would be sweet. Also the CSX buyout of PAR with side-deal with G&W companies might make PAR/CSX/P&W/B&E temporarily more "friendly" while they are seeking approvals.