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Home News Eurostar posts turnover increase after revamp

Eurostar posts turnover increase after revamp

Published on 09/01/2008

   LONDON, January 9, 2008 - Eurostar, which operates the high-speed raillink connecting Britain with France and Belgium, announced a sharp rise inturnover and passenger numbers Wednesday after major service improvements.   It said turnover for 2007 was 599 million pounds (803 million euros, 1.2billion dollars), 15.5 percent up on 2006, while the number of passengers itcarried rose 5.1 percent to 8.26 million.   Eurostar said November's opening of a quicker section of track on theBritish side, which shaved 20 minutes off journey times, and switching theLondon terminus to a revamped Saint Pancras station had a major effect on thefigures.   Between November 14 -- when the switch to Saint Pancras was completed --and December 31, Eurostar recorded an 11 percent increase in traffic compared to the same period in 2006, and a 20 percent turnover rise.   The firm also recorded an 11.9 percent increase in the number of ticketssold to business travellers.   Guillaume Pepy, the chairman of Eurostar and chief executive officer ofFrench rail operator SNCF, described the results as "spectacular" in astatement.   He also pledged to focus on areas including punctuality -- the current rateis 91.5 percent -- and sustainable development in 2008.   Since November 14, Eurostar train journeys have been carbon neutral.