Dutch state-owned rail company NS is still posting a loss despite growing post-Covid passenger numbers, its half-year results have shown. The company’s operational losses fell from €225 million a year ago to €26 million in the first six months of this year. The company called the results “still not good enough for a financially healthy NS”, predicting that the years ahead will be “financially challenging”. CEO Wouter Wouter Koolmees said the changing travel habits of the Dutch were one reason...
  • Sigmatics@lemmy.caEnglish
    1·
    1 year ago

    It’s astonishing the rail infrastructure is underfunded in the Netherlands. A flat country where you’d expect it to be fairly cheap to maintain rail networks

    • geophysicist@discuss.tchncs.deEnglish
      1·
      1 year ago

      It might be “underfunded” but the quality is super high. Very regular trains, always on time or within a minute or two, and the trains are in good condition.

  • conditional_soup@lemm.eeEnglish
    1·
    1 year ago

    And their roads? What about their roads? Do their highways pay for themselves? Why is it that public transit must always be budget neutral or make a profit, but it’s perfectly okay if, like in the US, the government pays $10 for every $1 a driver spends on driving?