• Brightline Orlando (MCO) and Disney Extension - PHASE 2

  • This is a forum for all operations, both current and planned, of Brightline, formerly All Aboard Florida and Virgin Trains USA:
    Websites: Current Brightline
    Virgin USA
    Virgin UK
This is a forum for all operations, both current and planned, of Brightline, formerly All Aboard Florida and Virgin Trains USA:
Websites: Current Brightline
Virgin USA
Virgin UK

Moderator: CRail

  by Gilbert B Norman
 
Wow, that's a train!!!

Absent appears to be any Container traffic, which I presume is handled on other trains. I've sure seen it further "down below".

I know I was mistaken with my skepticism about Brightline, on which I have taken six "very enjoyable" joyrides to date. But the fact remains that with their "Disneyland" Miami WPB service, they never once "made numbers". One can only hope such will no longer be the case when (and it sure appears when) the full line to McCoy, and now apparently to Disneyland, is opened.

Now so far as the "private sector" bit goes. There I remain skeptical. The privately placed bonds were "oh, such a deal!!". Where else in this world can an investor get a Tax Free 8%???? (Private Activity Bonds; Federal Tax free; taxable State, but Florida does not have an Income Tax. They did have an Asset Tax with lots of exemptions, but that has now been repealed). While there is no salutatory "government guarantee" of PAB's, the Private Placement was reportedly made amongst well connected Florida "movers and shakers". Who they are need not and is not disclosed, but I'd dare say if Brightline "bellies" as a private sector concern, there is a legislature that "can be moved" to quietly purchase the bonds from the holders - maybe not Par, but something in the league of such.

Operations would likely continue; for the incumbent Florida political class, where The Villages seems to have more clout than do Broward and Dade, sure enjoys "waving it in the face" of how better the private sector is than the public.