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Jungfraubahn Holding AG

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Strategic management decisions
Jungfrau Railways to focus on quality and reduced travelling time Additional Jungfraujoch fast connection will not be realized

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
Company Information
27.11.2008
An additional fast connection to the Jungfraujoch-Top of Europe will 
not be realized. The feasibility study authorized by Jungfraubahn 
Holding AG has provided an in-depth examination of various access 
options. The wide-ranging investigations are of considerable value to
the further development of the Jungfrau Railway, as technical 
feasibilities have been demonstrated and clarification of the health 
aspect of faster travel to the Jungfraujoch has proved positive. The 
result of the collated facts is JungfraubahnPREMIUM, an innovative 
project that will permit a sustainable capacity increase and a 
shorter travelling time with the existing railway infrastructure. In 
this, the responsible persons are focusing on modern, high-speed 
shuttle trains and new crossing possibilities inside the mountain. 
This will enable more efficient train rotation and timetables and 
thus overcome current bottlenecks with high-season capacity. In the 
long-term, it will be possible to increase the qualitatively feasible
maximum number of daily visitors to the Jungfraujoch from the current
4400 to 6000 persons. The long-term objective is to be able to 
welcome one million guests per year. Here, the measures required 
include modernisation of the Jungfrau Railway fleet of rolling stock.
Within the scope of the project, the purchase of modern double 
locomotives is necessary to make a marked improvement in travelling 
comfort and also offer the latest experience elements such as 
infotainment systems. In addition, it will be possible to increase 
productivity and make the Jungfrau Railway more cost-efficient thanks
to a rotation of four trains instead of three.
With more modern locomotives, it is also possible to travel the 
Kleine Scheidegg - Jungfraujoch - Kleine Scheidegg section in 90 
minutes instead of 120. This means that the shortest travelling time 
from Grindelwald Grund - Jungfraujoch - Grindelwald Grund would be 
only 2 hours and 34 minutes. Thus with the additional fast 
connections, the envisaged aim of "the Jungfraujoch as a 
half-day-trip" becomes feasible, improving its appeal to present 
guest segments. Those responsible expect a positive effect on future 
revenue.
With improvements to the railway costing considerably less than CHF 
100 million, investment will be far lower than would be the case with
a new access variation. The costs of the different variations 
examined are between CHF 460 and 970 million.
With JungfraubahnPREMIUM, those responsible are now building on the 
existing structure, guaranteeing the least possible burden on the 
environment and the most economical use of resources. 
JungfraubahnPREMIUM is a long-term programme with a lead time and 
construction period of a minimum of five to six years.
end of announcement                               euro adhoc
Further inquiry note:
More information:
Thomas Bieger, Executive Chairman, Jungfraubahn Holding AG: 079 681 55 49 (up to
11.00 h and from 15.00 h)
Urs Kessler, CEO, Jungfrau Railways, Tel. 033 828 71 11

Contact:

Kathrin Naegeli, Information & Media Jungfrau Railways
Tel. 033 828 72 30 / mobile 079 222 53 10, e-mail: kathrin.naegeli@jungfrau.ch

Branche: Railway
ISIN: CH0017875789
WKN: 001787578
Index: SPI
Börsen: BX Berne eXchange / SWX Local Caps
SWX Swiss Exchange / SWX Local Caps

Plus de actualités: Jungfraubahn Holding AG
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