Delivered August 11, 2019. Contributor: Jennifer P.
To provide a business profile of train company Brightline, including information on key executives, as well as gain further details about their partnership/deal with Virgin Trains, and their upcoming projects in California and Las Vegas
Key executives are CEO Patrick Goddard, President Ravneet Bhandari, CFO Myles Tobin, and CCO Gary Smith.
The company was rebranded as Virgin Trains in late 2018, after Virgin Group CEO bought a minority stake in the company in November of 2018. Virgin Group already owns a high speed rail line in the UK.
Brightline/ Virgin Train’s new line between Miami, Fort Lauderdale, West Palm Beach and Orlando, which will be completed in 2022, will make them the fastest rail travel in the US. The line is anticipated to have a sustained speed of 125mph.
In Sept 2018, Virgin Trains/Brightline also acquired another rail company, Xpress West. The company was planning to build a rail between Las Vegas and California. Following the buyout, the company announced plans to build this line by 2022.