ÖBB Takes a Leap: Achieves Record 494 Million Passengers and Surpasses Goal in Just Years

Despite facing challenges such as high energy prices, inflation, and an economic downturn, ÖBB experienced a successful year in business. The company transported 494 million passengers by rail and buses, representing an increase of over ten percent. Long-distance rail transport saw a substantial rise from 38 million to 47 million passengers.

ÖBB’s CEO Andreas Matthä expressed satisfaction with the company’s performance, surpassing their 2030 goal of 500 million passengers in just a few years. Growing tourism, increased climate awareness, as well as initiatives like Vienna’s comprehensive parking permit, contributed to this success.

Revenue for ÖBB increased by 5.5 percent to 7.8 billion euros, with a pre-tax profit of 111.6 million euros. However, this was lower than the previous year due to rising costs, particularly in electricity and personnel expenses. The company also made significant investments in infrastructure and new trains.

Punctuality remains a challenge for ÖBB, with targets set at 86 percent for long-distance transport. The company is working to improve punctuality, both in passenger and freight transport. Despite challenges in the coming year of 2023