their lack of reliability provided by the Deutsche Bahn massive financial losses. The group must pay a report by the “daily mirror” that due to delays and cancellations of high contractual penalties to its Clients in the regional traffic.

This money is added up since 2017 to almost 500 million euros, the newspaper reported, citing internal documents of the company. By 2023, track boss Richard Lutz expect a total additional penalty in the amount of approximately 650 million euros. The penalties would amount to nearly 1.2 billion euros. A railway spokeswoman did not comment on the report.

according to The paper, the penalties are regulated in the contracts with the Contracting authorities of the Länder and municipalities, the competition for the regional traffic, order and pay. In the case of poor performance of state subsidies would be reduced.

The railway is due to the last year, repeated lack of reliability of trains in the criticism. The last of the group had missed its targets for the punctuality. Only about 70 percent of trains ran in November according to Plan.

Recently, the Federal government had requested the railway to March a comprehensive approach to the restructuring of the group. Economically, the group is beat. Up to the year 2022, the train takes nearly five billion euros in addition. Alone, 2019 are missing according to the Supervisory Board, EUR 2.2 billion for immediate investments. The web is since 1994 a limited company, the shares belong to the Federal government.

times/mmq/AFP

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