By Rizhlaine F. Posted on November 30, 2020 at 2:04 p.m. Updated November 30, 2020 at 2:04 p.m.
Following the losses linked to the coronavirus epidemic, the SNCF accuses the blow. In response to the health crisis, the group intends to reinvent itself by notably offering more accessible offers to future travelers.
Warning: one crisis can hide another. While theyear 2020 is marked by a global health crisis, the SNCF accuses the blow following the losses related to thecoronavirus epidemic. The railway group estimates that it has lost 5 billion euros due to the pandemic. In question, the TGV which saw its attendance drop: during the first confinement, 6 to 7% of trains were running to transport 1% of passengers. In autumn, at the time of the reconfinement, 70% of trains had to be canceled with only 10% of passengers on board. The TGV not being subsidized, it is expensive for the SNCF.
Faced with this crisis situation, the government has thus developed a Recovery plan to railway sector amounting to 4.7 billion euros. The Minister for Transport Jean-Baptiste Djebbari also affirmed that 4.05 billion euros of this recovery plan would be intended to recapitalization of SNCF.
Thus, for its part, the SNCF must reinvent itself upstream of a year 2021 which promises to be complicated. The director general of SNCF Jean-Pierre Farandou thus confided to the Figaro that pricing will in the future be more readable, simpler and more accessible. In anticipation of weaker purchasing power at the end of the health crisis, it announces more accessible prices by spring to allow the group to find an influx of travelers.