BERLIN (Reuters) – German rail operator Deutsche Bahn [DBN.UL] is lobbying the government for a 4.9 billion euro ($5.55 billion) investment to reduce train delays and cancellations dampening passenger satisfaction, the Bild newspaper reported on Sunday.
The figure appears in a 200-page strategy blueprint that Deutsche Bahn’s board will discuss at a special meeting Nov. 22-23, the newspaper reported.
A spokesman for Deutsche Bahn declined to comment on the report.
Last year the operator reported a small rise in the number of trains that failed to reach their destination on time.
“The board meeting will be a very intense meeting to discuss strategy and I want any agreements reached to yield significant improvements for passengers by spring of 2019,” Transport Minister Andreas Scheuer told Bild.
(Reporting by Sabine Wollrab; writing by Joseph Nasr; editing by Jason Neely)