What is the profit of the bus company

According to its own statements, Flixbus will make a profit for the first time this year

Munich - The long-distance bus company Flixbus says it will make a profit for the first time this year. "Yes, we can do that," said Flixbus boss and co-founder Andre Schwämmlein of "Welt am Sonntag". "We were already in the black in Germany last year and will achieve this goal for the entire company this year."

Accordingly, Flixbus will transport 40 million passengers this year as planned. In the spring of next year, the company would then have transported a total of 100 million people - for Schwämmlein a possible future target for the annual transports. "I wouldn't rule out that we might hit that number at some point in a year."

Costs vary depending on the space

The company's customers will therefore have to pay for seat reservations according to the location of the seats. "Of course, the seats up front in the double-decker bus will cost more than a seat in the middle of the aisle," said Schwämmlein. Buses for business travelers only with additional tables are currently being discussed, but they will not be available next year.

Flixbus now has a market share of over 90 percent in Germany. "We are still growing very strongly in Germany and believe that this market has not yet been exhausted," said Schwämmlein. In the summer months of 2017, twenty percent more passengers were transported than in the previous year.

No profit from Air Berlin bankruptcy

According to Schwämmlein, the long-distance bus market will not benefit from the bankruptcy of the airline Air Berlin. "I think the passenger capacity will be maintained and will be served by other airlines," said Schwämmlein. "In the long-distance bus market, nothing changes whether flight tickets cost five percent more."

"There are maybe ten routes in Germany that make up 90 percent of air traffic, and we live on hundreds of individual connections," said Schwämmlein. Therefore, the bankruptcy of Air Berlin will hardly affect them. Flixbus dominates the German market a good four years after the long-distance bus market was released and is also on the road in several European countries.

Schwämmlein expects around 40 million passengers this year. When asked which load factor a trip is worth, he said: "It is very difficult to earn money below 50 percent." When asked about self-driving vehicles, he said: It will take a long time for buses to drive autonomously. "You can see that on the airplane: In principle, it can take off, fly and land on its own. Still, nobody would sit in an airplane that didn't have a pilot on board - at least not me." (APA, September 3, 2017)