At least financially, the railways are rising again. Apart from the increased demand, it is mainly the logistics subsidiary of Schenker that contributes to this. However, many passengers face chaotic conditions.
The significant increase in demand from travelers and good business at the logistics subsidiary DB Schenker led to strong growth at Deutsche Bahn in the first half of the year.
“The trend reversal has been successful: demand is booming and we are back in the positive,” CEO Richard Lutz said Thursday. Accordingly, the company achieved an operating profit before interest and tax (EBIT) of approximately EUR 876 million in the first six months of this year.
In the first half of 2021, operating losses were still over one billion euros. Due to the koruna pandemic, demand fell sharply, but supply was largely sustained.
However, DB’s subsidiary, Schenker, had the greatest share in the financial success. “It was able to almost double its operating profit compared to the first six months of 2021 to around EUR 1.2 billion,” said the railway.
Doubling of passengers in long-distance traffic
But passengers also come back. According to its own data, in the first half of the year alone, the railway recorded over 59 million long-distance travelers. This is more than twice as much (plus 117 percent) than in the same period last year. In regional transport, demand increased by 60 percent to around 725 million passengers. Here, the € 9 ticket in particular is likely to increase demand even more from June.
Such numbers are still far from pre-crisis levels. In the first half of 2019, the group reported that it had nearly 72 million long-distance passengers.
Gradually returning customers often found it difficult to travel by train. The overloaded and damaged railway network in many places is currently being renovated in many places – numerous construction sites slow down traffic. According to Bahn, only 69.6 percent of the long-distance trains reached their destination on time in the first half of the year. “In the first half of last year, it was still 79.5 percent.” was said. A train is considered on time as long as it does not reach its destination with a delay of more than six minutes. (dpa)