Brightline restructures $490M debt, keeps Miami-Orlando service running

Brightline, the private passenger rail operator, is restructuring $490 million in debt under federal bankruptcy court while maintaining service between Miami and Orlando. The parent companies are negotiating new financial terms, and the outcome will determine the viability of the only private intercity rail line in the U.S. The restructuring signals financial stress in a high-profile infrastructure project, but service continuity suggests operations remain viable.