In Q1 2024, Florida's Brightline high-speed rail reported a $116M loss due to infrastructure investments, despite increased ridership and revenue.

Florida's Brightline high-speed rail reported a Q1 financial loss of $116M in 2024, despite $40M in ticket sales. This comes amidst increased ridership (18% rise) and revenue (22% increase, reaching $65M) due to higher ticket sales and new services. The substantial loss is attributed to investments in infrastructure and expansion projects, such as the Orlando extension, set to open later this year.