Wall Street exec backs train service for mini trips

Travelers going between Miami along with West Palm Beach, Florida, just got more options: a rail service.

Brightline, the only privately owned along with operated passenger rail from the U.S., opened its second travel route in Florida on May 19.

The company’s owner, Wesley Edens, told CNBC of which the railway is usually perfect for those trips of which are “too long to drive, too short to fly.”

“We think there are various other city pairs of which have similar characteristics,” he said on “Squawk Alley” Friday. He mentioned possible routes of which included Atlanta to Charlotte, North Carolina; Houston to Dallas along with St. Louis to Chicago.

“There’s many [cities] we think are viable,” said Edens, who is usually also co-founder, co-CEO along with principal of Wall Street private equity firm Fortress Investment Group.

“along with we think economics are compelling,” he said. He said tickets sold out on the brand-new route for its first weekend.

Travel between Miami along with West Palm Beach aboard Brightline is usually beginning with eight daily weekend round trips.

The first leg of service — between West Palm Beach along with Ft. Lauderdale, Florida — opened in January 2018. Edens said he envisions the service going all the way by Orlando to Miami, two major travel hubs from the U.S.

“We’re definitely excited,” Edens said.

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