NS will shrink and expects a loss of 4.7 billion in turnover due to the corona crisis

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The NS is shrinking and needs government support to cope with the consequences of the corona crisis. The rail company expects a turnover loss of 4.7 billion euros until 2025.

The board of directors said this in an online staff meeting for the 20,000 employees. The NS can transport far fewer passengers, also because of a shrinking economy, many home workers and alternatives such as the e-bike.

The company is entering into discussions with the works council and unions and is considering saving 1.4 billion euros over the next five years. “That is substantial but necessary. Difficult choices have to be made,” says the company.

Travelers do not have to count on much more expensive tickets. “NS does not and cannot pass the losses on to the passenger by raising the price of the train ticket. NS wants to make every effort to keep the train attractive.”



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https://nos.nl/artikel/2334674-ns-gaat-krimpen-en-verwacht-4-7-miljard-omzetverlies-door-coronacrisis.html

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