November 11, 2018 / 12:27 PM / 5 months ago

German rail operator wants more cash to improve service

FILE PHOTO: The headquarters of German rail operator Deutsche Bahn is pictured in Berlin, Germany, November 6, 2018. REUTERS/Fabrizio Bensch

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

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