Interestingly, Wikipedia has it phrased as another five four-car trainsets...but I've always seen it as being 20 additional cars (2 per existing set). I think the additional 10-car order puts a fork in this alternate idea (as does a lack of any locomotive order being announced).Below is a portion of the paragraph; I bolded the part in particular that caught my attention. To me it reads as though there has been a second order of cars made fairly recently. I hope that's what it means. They will need a few more seats if they want to reach their ridership projections.
Also interesting is this:
In the first quarter of 2023, the Project Owner assigned to a third-party its right to purchase 20 of the passenger coaches that the Project Owner had ordered and entered into an operating lease pursuant to which the Project Owner leases the coaches from the purchaser.
Brightline working around the up-front capex via a sale-leaseback arrangement is interesting.
On the same page, since I'm there:
Sorry, but that dog ain't gonna hunt. 7.9m pax/yr translates into an average of 21,644/day. Right now, they're doing quite well averaging around 5k/day on something like 8400-8900 seats available per day [1], but even going from 248 seats/train to 440 seats/train (adding three coaches with 64 seats each) would only allow for about 15k seats/day. [2] Yes, I realize that there's going to be some turnover, but at the same time there are going to be stray empty seats/"dead" legs and so on. The Boca-Fort Lauderdale pinch point I calculated from Brightline's data a long time ago is still there.The Project, originally projected, based on the 2018 Ridership and Revenue Study, to serve 6.9 million passengers and generate $542 million in ticket revenue by 2025, is now projected to serve 7.9 million annual passengers and generate $654 million in ticket revenue.
Assuming that they can fill 75% of available seats an average of 1.5x times per trip, they'd get 16,830 pax/day (or 6,142,950 riders per year). That feels like an "upper bound" in terms of ridership estimates (I think both numbers are a little optimistic). Going down to 60% (in line with where they've gotten "stuck" recently) would get you 13,464/day (4,914,360/yr). In order to make the projected ridership numbers pan out, Brightline would need either another two or three coach cars per train or another five to seven round-trips at the 75% level.
Again, adding five sets would probably fix this issue...but there's no loco order and you'd need to find a bunch of additional cars (the 70 cars ordered/delivered won't quite cut it).
[1] They've been at 17-18x round-trips per day for a while, you have 248 seats/train.
[2] 14,960 to be exact.