Brightline reported close to bankruptcy

[Iskra]

As a Brit the whole concept of checked baggage on a train does baffle me. I have never not brought my bags into the train with me, and I've travelled everywhere from Wick to Istanbul (not in the same journey).

We had baggage vans for years, and DVT’s are still used for this on an ad-hoc basis, so it’s not all that alien.

 

[RT4038]

As a Brit the whole concept of checked baggage on a train does baffle me. I have never not brought my bags into the train with me, and I've travelled everywhere from Wick to Istanbul (not in the same journey).

I should imagine it is because, in the heyday of rail travel, a large proportion of passengers were making long distance journeys with large quantities of luggage, inconvenient for stowing in sleeping cars or crowded 'open' coaches. This has then become the norm in North America. If you've done any journeys in double deck sleeping cars of Amtrak you will know how little space there is in them for luggage not needed on the journey.

 

[Taunton]

As a Brit the whole concept of checked baggage on a train does baffle me. I have never not brought my bags into the train with me, and I've travelled everywhere from Wick to Istanbul (not in the same journey).

When travelling for several days transcontinental it's different. Not only are you typically taking more (remember these are countries of much immigration, with huge impedimenta), but in the very restricted space of sleeper accommodations you likely want one small bag with you for the journey, and all the rest out of the way. There has always been at least one full baggage car in long distance trains, with a Baggageman, and in times when there was mail, and also "Express", which were packages by train, there were commonly a couple under their control.

 

[Krokodil]

We had baggage vans for years, and DVT’s are still used for this on an ad-hoc basis, so it’s not all that alien.

As a guard I've moved excess luggage into my DVT. It being routine for all passengers however is something that feels like something out of the days when people started their summer holidays on a King-hauled Cornish Riviera Express.

== Doublepost prevention - post automatically merged: 19 May 2026 ==

When travelling for several days transcontinental it's different.

Last time I checked, Istanbul was a transcontinental journey away.

 

[StephenHunter]

As a Brit the whole concept of checked baggage on a train does baffle me. I have never not brought my bags into the train with me, and I've travelled everywhere from Wick to Istanbul (not in the same journey).

It was far more common in the past, especially for international journeys. Victoria even had a dedicated customs shed for it.

 

[Krokodil]

It was far more common in the past, especially for international journeys. Victoria even had a dedicated customs shed for it.

Well, yes. But the year is 2026 now.

 

[Backroom_boy]

Brightline Florida's restructuring track could split along creditor lines

Even as Brightline Florida chugs towards bankruptcy court to restructure its USD 5.5bn debt pile, its complex structure and divergentREAD MORE

ionanalytics.com

Even as Brightline Florida chugs towards bankruptcy court to restructure its USD 5.5bn debt pile, its complex structure and divergent creditor interests could lead some entities to out-of-court deals.

By 1 July, the Fortress Investment Group-backed operator of a passenger railroad that connects Orlando and Miami, Florida, must make interest or redemption payments payments on USD 2.219bn Series 2024 tax-exempt project owner bonds, USD 1.119bn taxable corporate notes and USD 985m Series 2025B commuter rail project tax-exempt bonds.

Earlier this month, the company said it may be compelled to pursue additional restructuring initiatives, “including possible out-of-court restructurings or in-court relief,” if unable to obtain additional financing or extend certain debt....

Analysis of the Brightline situation; didn't really follow it all if im honest but I think it says Brightline investors are heading for a massive loss but are likely to not try and collapse the company and to keep the service running in order to get some return

 

[Herriot2021]

Brightline Florida's restructuring track could split along creditor lines

Even as Brightline Florida chugs towards bankruptcy court to restructure its USD 5.5bn debt pile, its complex structure and divergentREAD MORE

ionanalytics.com

Analysis of the Brightline situation; didn't really follow it all if im honest but I think it says Brightline investors are heading for a massive loss but are likely to not try and collapse the company and to keep the service running in order to get some return

This would appear to be the best outcome for the staff and passengers, even if the investors take a bit of a haircut.

 

[iamraymond]

Brightline Florida's restructuring track could split along creditor lines

Even as Brightline Florida chugs towards bankruptcy court to restructure its USD 5.5bn debt pile, its complex structure and divergentREAD MORE

ionanalytics.com

Analysis of the Brightline situation; didn't really follow it all if im honest but I think it says Brightline investors are heading for a massive loss but are likely to not try and collapse the company and to keep the service running in order to get some return

It does say that in there somewhere, once you can wade through the mounds of dog ****. It's a good attempt for a 12 year old on work experience though

 

[AlterEgo]

It does say that in there somewhere, once you can wade through the mounds of dog ****. It's a good attempt for a 12 year old on work experience though

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