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15 December 2019 The on-line newspaper devoted to the world of transports 16:00 GMT+1

November 5, 2000

Scale of German rail losses revealed
By Haig Simonian in Berlin and Jorn Paterak in Hamburg

Germany's transport minister, Reinhard Klimmt, has acknowledged that losses at the state-owned Deutsche Bahn railway operator are continuing to exceed government expectations, eliminating the prospect of an initial flotation of railway system by the government's target date of 2004.

The scale of the problems at the once highly respected rail operator will ......
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