{"id":16556,"date":"2024-03-01T15:37:00","date_gmt":"2024-03-01T05:37:00","guid":{"rendered":"https:\/\/www.vibewire.com.au\/?p=16556"},"modified":"2024-03-01T15:37:00","modified_gmt":"2024-03-01T05:37:00","slug":"allrail-react-to-danske-statsbaner-dsbs-profit-announcement","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=16556","title":{"rendered":"ALLRAIL react to Danske Statsbaner (DSB)\u2019s profit announcement"},"content":{"rendered":"

ALLRAIL<\/a> has released this statement:<\/strong><\/p>\n

This month, Danish state-owned passenger rail operator Danske Statsbaner (\u2018DSB\u2019)<\/a> reported increased \u201cprofits\u201d and ridership for the fiscal year 2023.<\/em><\/p>\n

However, DSB\u2019s<\/a> \u201cprofits\u201d are in fact a fake profit margin that is \u2018earned\u2019 from a countrywide Public Service Obligation (\u2018PSO\u2019) contract that was directly awarded by the Danish government without the benefits of a competitive tender (which would have achieved a lower cost for taxpayers and higher quality for passengers).<\/em><\/p>\n

Instead, there is a much better option: rail market opening in Denmark.<\/em><\/p>\n

In essence, DSB\u2019s<\/a> profits do not come from being a competitive business; instead, they are baked into an exclusive deal negotiated with its owner, the government, and subsidised by the taxpayer \u2013 at an astonishing \u201c3.25 billion Danish Kroner per year\u201d.<\/em><\/p>\n

But is there really a need for a huge subsidised PSO contract \u2013 for all of Denmark? On the contrary: there are multiple indications that many routes could already be commercially viable; for example:\u00a0<\/em><\/p>\n

Demand is strong with up to \u201c49% more travellers\u201d on specific routes compared to 2019 \u2013 the last year before Covid \u2013 and the\u00a0growing willingness by Danes to use rail travel<\/em>
\nThere are independent operators who have applied to offer commercial services within Denmark \u2013 without any taxpayer subsidy\u00a0<\/em><\/p>\n

ALLRAIL\u2019s<\/a> Policy Officer Salim Benkirane says: \u201cIn reality, the only profit-earning that DSB<\/a> knows is lobbying its owner for exclusive taxpayer funded contracts. Instead, it is an open market that would reduce ticket prices \u2013 without wasting billions of Danish Kroner in taxpayer money.<\/em><\/p>\n

The Danish government should spend that money on other much more worthy things \u2013 such as improving the rail infrastructure \u2013 and not on one single rail operator.\u201d<\/em><\/p>\n

\n

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ALLRAIL has released this statement: This month, Danish state-owned passenger rail operator Danske Statsbaner (\u2018DSB\u2019) reported increased \u201cprofits\u201d and ridership for the fiscal year 2023. […]<\/p>\n","protected":false},"author":0,"featured_media":16553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[32,47,488],"tags":[],"class_list":["post-16556","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-opinion","category-rail-news","category-railway-stations"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/16556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16556"}],"version-history":[{"count":0,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/posts\/16556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=\/wp\/v2\/media\/16553"}],"wp:attachment":[{"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vibewire.com.au\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}