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Second corona wave increases Deutsche Bahn's record loss

2020-11-26T01:36:34.056Z


In the middle of the year, Deutsche Bahn slipped deep into the red due to the corona pandemic. According to the FAZ, it is now heading for a historic minus of 5.6 billion euros.


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A common picture at the moment: empty seats in an ICE from Munich to Hamburg

Photo: Martin Schutt / dpa

The second corona wave further aggravated the financial situation of Deutsche Bahn.

According to a report in the "Frankfurter Allgemeine Zeitung", the state-owned company is heading for a record loss of 5.6 billion euros this year.

This emerges from the documents for the supervisory board meeting on December 9, which are available to the newspaper.

At the first half of the year, the railway had already reported a loss of 3.7 billion euros.

In order to compensate for the losses, the federal government promised the railways in the economic stimulus package from June an increase in equity by five billion euros.

By 2024, the company expects losses of between eleven and in the worse scenario of 13.5 billion euros.

During the deliberations on the corona measures by the federal and state governments on Wednesday, decisions about the railway should also be made.

According to a draft resolution, passengers should be offered a reliable offer with the possibility of too much distance.

In addition, the mask controls are to be increased so that far more long-distance trains can be checked every day than before.

The seating capacity should be increased significantly in order to allow even more distance between travelers.

The ability to reserve seats will be limited in parallel

Icon: The mirror

dab / AFP / Reuters

Source: spiegel

All business articles on 2020-11-26

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