Virgin Trains In Advanced Negotiations To Add New Stations Between Miami & West Palm Beach

Virgin Trains announced yesterday to investors that they are in advanced discussions to add new stations in the area between Miami and West Palm Beach.

The additional stations are expected to increase ridership, the company said. The exact locations were not revealed.

In April, Virgin Trains carried carried 71,308 passengers and generated total revenue of approximately $1.8 million.

For the month, daily trips by commuters and frequent business travelers grew, while leisure-oriented ridership was lower compared to the prior month due to seasonal event activity. A reduced schedule was also in operation during April to allow for the installation of a federally-mandated positive train control safety system.

In May, the company began offering cruise related packages, which enable guests to park, check luggage and board a train at stations, avoiding the time and hassle of driving and also eliminating the expense of parking at the port. Virgin has signed marketing agreements with two cruise lines to date and expects to announce additional agreements in the coming weeks. The cruise related business is expected to drive significant ridership growth over time.

The company told investors that it issued a general mobilization this month for all the contractors working on various parts of the West Palm Beach to Orlando route, include the issuance of the Full Notice to Proceed for all contractors. Financing for the work was obtained in April.