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Rail News: Mechanical

GrandLuxe Rail Journeys to sell vintage train


GrandLuxe Rail Journeys L.L.C. has retained investment banking firm Libra Securities L.L.C. to sell its luxury train.

Sale items include 20 fully operational cars and 11 additional cars currently not in service. The train most recently operated as the GrandLuxe Express, which ceased operations last month. Prior to 2006, the train operated as the American Orient Express.

Later this month, the train will be available for viewing in Napa Valley, Calif.

"This is a unique opportunity for a sophisticated investor to acquire a train comprised of restored, 1940s and 50s-era luxury train cars," said GrandLuxe Rail Journeys Manager Thomas Kim in a prepared statement.

Contact Progressive Railroading editorial staff.

More News from 9/18/2008