Deutsche Bahn Reports €1.8 Billion Loss for 2024 Amid Historic Punctuality Lows
The state-owned railway faces its worst crisis since reform, with mounting criticism of leadership and an ambitious modernization plan underway.
- Deutsche Bahn confirmed a €1.8 billion financial loss for 2024, continuing its struggle to recover from systemic inefficiencies and infrastructure challenges.
- Punctuality for long-distance trains hit a historic low of 62.5%, with fewer than half of ICE and IC trains arriving on time in 2024.
- The sale of DB Schenker for €14.3 billion is expected to reduce the company’s €32.6 billion debt, though it removes a key source of profitability.
- CEO Richard Lutz faces mounting pressure as coalition negotiators propose leadership changes and further restructuring of the infrastructure division, InfraGo.
- A modernization program targeting 40 key routes by 2030 is underway, but cost overruns, funding uncertainties, and workforce reductions remain significant hurdles.