Private equity-backed Florida railway company Brightline files for bankruptcy
- Posted on September 25, 2026
- By Financial Times
- 1 Views
- 1 min read
In brief
Brightline, a private equity-funded high-speed rail operator connecting Orlando and Miami, has filed for Chapter 11 bankruptcy protection to restructure approximately $6 billion in accumulated debt. The company's strategic move aims to enable continued operations while addressing substantial financial obligations that have hindered the expansion of premium rail services across Florida and the broader United States market.
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Private equity-backed Florida railway company Brightline files for bankruptcy
Orlando-to-Miami route seeking to popularise high-speed rail in US has filed for Chapter 11 to cut nearly $6bn in debt
