SBB turns a profit for the first time since start of COVID-19 pandemic

SBB

In the first half of 2023, SBB saw a daily ridership of 1.33 million passengers, marking a return to profitability with 99 million CHF (approximately 103 million euros) in earnings for the first time since 2019, when the COVID-19 pandemic began. Despite this, the company still grapples with other challenges, including debt, and some regional punctuality issues.

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Author: Emma Dailey

Emma Dailey is an editor at RailTech.com and RailTech.be.

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SBB turns a profit for the first time since start of COVID-19 pandemic | RailTech.com

SBB turns a profit for the first time since start of COVID-19 pandemic

SBB

In the first half of 2023, SBB saw a daily ridership of 1.33 million passengers, marking a return to profitability with 99 million CHF (approximately 103 million euros) in earnings for the first time since 2019, when the COVID-19 pandemic began. Despite this, the company still grapples with other challenges, including debt, and some regional punctuality issues.

Want to read more?

Subscribe now!

Take advantage of our exclusive offer to get full access to all premium content.

See the offer

Tags: , , ,

Author: Emma Dailey

Emma Dailey is an editor at RailTech.com and RailTech.be.

E-mail

Related posts

Was it liberalisation? Spain’s high-speed rail use jumped 37% in 2023

Spain’s high-speed rail use increased by 37 per cent in 2023, according to the latest Annual Railway Sector Report. Several of the key lines broke passenger records, the…
BLS profitable for first time since COVID19

Switzerland’s public transportation sector witnessed notable developments in 2023, particularly for the Bern-Lötschberg-Simplon (BLS) transport company. The company reports an eleven per cent increase in passenger numbers compared…
DB sees surge in international long-distance travel

The international long-distance travel sector of Deutsche Bahn (DB) has experienced a remarkable surge, with 24 million travellers crossing borders in 2023, marking a substantial 21 per cent…

- 2 reacties
CFL sets new passenger record with 28.7 million travellers in 2023

Luxembourg’s railway operator, CFL, achieved a new milestone in 2023, transporting a record-breaking 28.7 million passengers across the national rail network. This figure significantly surpasses the 2022 count…

Add your comment

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Log in through one of the following social media partners to comment.