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Published 11 days ago

ÖBB despite passenger record with significantly lower profit

Summary by Salzburger Nachrichten
The Austrian Federal Railways (ÖBB) are looking forward to a record number of passengers transported in 2023. 494 million people use the railway and buses of the ÖBB. Nevertheless, the profit before taxes fell by 42 percent to 112 million euros, the state conglomerate reported. Due to the failure of some train railroads due to increased passenger arrivals, there have always been bottlenecks in capacity. However, the ÖBB are investing heavily in …

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