Deutsche Bahn Faces Financial Losses and Leadership Uncertainty
Germany's state-owned railway reports poor 2024 performance as calls grow for CEO Richard Lutz's removal and structural reforms take center stage.
- Deutsche Bahn's 2024 financial report reveals continued losses, with significant deficits in both passenger and freight divisions.
- Long-distance train punctuality hit a historic low of 62.5% in 2024, exacerbated by aging infrastructure and operational inefficiencies.
- CEO Richard Lutz's future is uncertain, as political negotiators from CDU, CSU, and SPD push for leadership changes during ongoing coalition talks.
- The German government is exploring reforms to Deutsche Bahn's infrastructure division, proposing further separation within the integrated company model while rejecting a full breakup.
- Efforts to modernize the rail network, such as the Riedbahn renovation, have faced cost overruns and failed to deliver expected reliability improvements.