Eurostar sales shoot up

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Eurostar sales report steep rise in turnover as more passengers opt for the train.

15 April 2008

LONDON - The Eurostar rail link through the Channel Tunnel between Britain, France and Belgium reported on Monday a steep rise in turnover and passenger numbers in the first three months of this year.

The high-speed passenger train service, linking Britain to mainland Europe, said sales rose by 25.5 percent to EUR 222.1 million, as passenger numbers increased by 21 percent.

It carried 2.17 million passengers from January to March, after seeing record passenger numbers during 2007.

Eurostar, which recently moved from London's Waterloo station to the refurbished St Pancras station, cut its travel time to Paris to two-and-a-quarter hours after completion of a high-speed track on the British side.

Its mainland European services are handled by France's SNCF and Belgium's SNCB in their countries.

Last week, operator Eurotunnel, which manages the undersea rail tunnels linking Britain and France, said that it had posted the first profit in its 14-year history in 2007.

Profit for 2007 was roughly EUR 1 million, compared to losses of EUR 204 million in 2006 and of EUR 2.81 billion in 2005.

[dpa / Expatica]

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