Ceske Drahy to set up a low-cost operator

Czech Railways (CD) is weighing up the possibility of creating a low-cost subsidiary that could compete on foreign track and domestic routes where it is challenged by local competition.

The new operator would offer services both on the domestic market and on the foreign market towards Germany, Poland and Austria, “Mladá Fronta Dnes” newspaper informs.

CD believes it could reduce the costs of the subsidiary by one third compared the previous situation.

Source : www.ceskapozice.cz

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