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The Federal Government Expects The Corona Crisis To Cost Deutsche Bahn At Least 13 Billion Euros

The railway is suffering from the corona crisis and the associated drops in the utilization of trains. Already now there is a loss of 5.6 billion euros. According to the federal government, damage of at least 13 billion euros should have accumulated by 2024.

The Federal Government Expects The Corona Crisis To Cost Deutsche Bahn At Least 13 Billion Euros
Yazar: Tom Roberts

Yayınlanma: 20 Aralık 2020 22:23

Güncellenme: 20 Kasım 2024 03:32

The Federal Government Expects The Corona Crisis To Cost Deutsche Bahn At Least 13 Billion Euros

The federal government expects the corona crisis to cost Deutsche Bahn at least 13 billion euros. A damage of 13 to 14 billion euros was calculated as the worst scenario at the beginning of the pandemic, said the government's rail commissioner, Enak Ferlemann from the CDU, the "Welt". "It is now clear: it will not result in our best scenario, but in the worst." he added. If the corona restrictions last longer, it could also be more expensive. "If we still have massive restrictions throughout January, February and March, or if measures are still necessary next fall, then we have to examine what effects this has." Ferlemann said. According to earlier information from corporate circles, the state-owned railway expects a slump in sales and a loss of 5.6 billion euros this year. Above all, the dramatic decrease in passengers in the corona crisis is a burden, but also the problems in the goods division and in international business. From the group environment, it was last said that by the end of 2024 corona damage of up to 9.6 billion euros was expected. This week, the Bundestag raised the debt limit for Deutsche Bahn from 30 billion euros to 35 billion euros by the end of 2021.
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