The privatization of a railway system in America was something unheard of a decade ago. But with the introduction of the Fortress Investment Group through the affiliate Brightline, the future seems brighter.
The head at FIG, Wes Edens, recently was the talk of the town with the new partnership underway with Virgins Group. This comes after Eden West, who also doubles up as the co-founder of Brightline launched the first railway services that would run across Florida, Miami, West Palm Beach, and Fort Lauderdale.
The future expansion plans also seek to include Orlando and Tampa. Talks are also underway to connect Las Vegas to Southern California to the railway grid. The Fortress Investment Group plan coincided with the Virgins Group CEO, Sir Richard Branson who sought to revolutionize the American railway system. View fortress.com to know more about Fortress Business Credit
Virgin Group has had a successful run spurning two decades in the UK rail sector. The move saw the Virgin Group take the minority investment in the Fortress Investment Group. This would see the Fortress Investment Group take up the Virgin brand. This would mark history that spurns over a century when it comes to private owned intercity passenger train.
As part of the partnership, the Brightline would rebrand itself into the Virgin Trains USA. It would utilize the marketing expertise for future developments in the project. The move all began last year when the two heads, Wes Edens and Sir Richard Branson, met at the Miami station.
Even though FIG will take on the Virgin brand, they would cater for the operation and management expenses. They would be in charge through the executive team and the associates of the Fortress Investment Team.
The Virgins Trains USA would be an addition to the Virgin brand which hosts the Virgin Hotels, Virgin Voyages, Virgin Galactic, Virgin Mobile USA, Virgin Orbit, and Virgin Wines among more.
The Virgins Trains USA is set to utilize the innovate concepts for the exploration of the markets used by the Virgin Group. The Fortress Investment Group is set to revolutionize the America railway systems the same way the Virgin Group impacted the domestic air travel in America.