Certain German airports will have fewer flights, seats, and available seat kilometers (ASKs) during Euro 2024, while others will experience growth.
Category: Germany
EU Commission approves German rail freight scheme for 1.7 billion euros
The European Commission (EC) approved a scheme for 1.7 billion euros to support single wagonload and wagon group transport in Germany until 2029. “The maximum annual budget amounts to €320 million”, the EC specified. The measure aims at ensuring that these types of transport and the companies operating them do not cease to exist due…
German TAC lawsuit follows political deal that shields local passenger rail
The German rail sector is heading into a pivotal lawsuit that could decide the future of the country’s track access charges (TAC) policy. Eleven rail companies are suing the Bundesnetzagentur following a planned 16,2 per cent TAC increase. According to them, a federal political deal to shield local passenger rail is hurting other sectors and…
HHLA off to a rocky start in 2024, last year’s trends continue
HHLA’s intermodal services experienced a “significant decrease in volumes” in the first quarter of 2024. Rail transport fell by 3,2 per cent, while container transport decreased by 5,5 per cent compared to the same period last year. The EBITDA in HHLA’s intermodal segment also dropped significantly in these three months, with a 21,7 per cent…
German rail companies start lawsuit after planned 16,2% TAC increase
Eleven German rail companies are going to court over an approved 16,2 per cent track-access charge (TAC) increase. The new TAC rate would go into force from mid-December, but the eleven companies are now aiming to prevent that from happening. The approved 16,2 per cent TAC increase would be a bigger jump than all increases…