Dutch Rail says it will need government support after passenger downturn
4 years, 7 months ago

Dutch Rail says it will need government support after passenger downturn

Dutch News  

State-owned national railway company NS says it will need government support to keep its head above water because of the impact of coronavirus on travel. A shrinking economy, the rise in home working and distance learning, and alternative forms of transport such as electric bicycles, mean the company is likely to post a loss of €4.7bn up to 2025, financial chief Bert Groenewegen told the NRC on Friday. The company said it expects to be able to save €1.4bn over the next five years and plans to thrash out a plan with unions and the works council in the coming period. Nevertheless, capacity will be some 40% of pre-crisis passenger numbers because of social distancing measures, the company said earlier.

History of this topic

Dutch rail traffic falls flat across the country; Outage to continue at least to 4 p.m.
3 years, 7 months ago
Train passenger numbers dropped by half this year
4 years, 1 month ago
Coronavirus decimates train travel but there will be more services next year
4 years, 4 months ago
NS suffers €185 million loss despite gov't support
4 years, 5 months ago
Dutch state railway to shed jobs in €1.4bn post Covid-19 efficiency drive
4 years, 6 months ago
Dutch Rail says it will need government support after passenger downturn
4 years, 7 months ago
NS expects major financial troubles in coming years
4 years, 8 months ago
NS adjusts train schedule over coronavirus; only 2 trains per hour
4 years, 9 months ago

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