As Virgin Trains USA moves forward with its $4 billion, 170-mile expansion linking West Palm Beach and Orlando between Miami, Fort Lauderdale and West Palm during the first three months of 2019, a 2.5 percent increase over the last three months of 2018.
During the same first three months of 2019, it reported an operating loss of $23.7 million, a deficit anticipated as it launched its three-year Phase 2 expansion after securing $2.7 billion in private bonds to remove $600 million in bond debt from its Phase 1 construction of its Miami to West Palm Beach rail line.