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Eurostar, Taxes and Michael O'Leary

Bad news for airlines in Europe -- Eurostar saw record sales and traveler numbers in 2006 as it attracted thousands more travelers from the airlines. Sales topped half a billion pounds for the first time, rising 11.7% from £463.8 million to £518.3 million. In total 7.85 million travelers chose Eurostar in 2006, up 5.4 % on 2005. Leisure traveler numbers rose by 4.5%, while the largest increase was in business traveler numbers, rising over 17% and generating an 18% increase in business sales revenue. Eurostar continues to see strong year-on-year growth. It is now carrying 28% more travelers than in the 12 months before the opening in September 2003 of the first section of the Channel Tunnel Rail Link, now named High Speed 1.
Source: http://iagblog.blogspot.com/2007/01/eurostar-taxes-and-michael-oleary.html

Eurostar boasts record sales for 2006

PARIS (Reuters) - Eurostar, the passenger train service linking London to Paris and other European cities through Eurotunnel's Channel Tunnel, reported on Thursday record sales figures and traveller numbers for 2006 as it won over customers from rival airline services.

Eurostar said its sales last year topped half a billion pounds for the first time, rising 11.7 percent on the previous year to 518.3 million pounds and passenger numbers up 5.4 percent at 7.85 million travellers.

Eurostar said it benefited from increased security at airports and foggy weather in Britain during December which caused major disruption to flights and meant that thousands of passengers switched from the airlines to Eurostar.
Source: http://business.scotsman.com/latest.cfm?id=55272007

Eurostar sees record sales

EUROSTAR, the train operator running services to Europe through the Channel Tunnel, said today that it achieved record sales in 2006, with sales rising 11.7 per cent to £518.3 million.

Passenger numbers for the operator, whose trains link London with Paris and Brussels, were up 5.4 per cent to 7.85m.

The group said it expected just as strong a performance over 2007.

Eurostar said it had benefited from increased security at airports and foggy weather in Britain.

Related topics

This article: http://edinburghnews.scotsman.com/business.
Source: http://edinburghnews.scotsman.com/business.cfm?id=56762007

Eurostar FY 2006 sales up 11.7 pct with over 5 pct rise in passengers

LONDON (AFX) - Eurostar, the high-speed passenger train service that links Britain with the Continent, said 2006 was a record year as more travellers switched from airlines.

Sales for 2006 were up 11.7 pct year-on-year to 518.3 mln stg with 7.85 mln travellers carried, up over 5 pct.

Of these, the company saw a 17 pct increase in business traveller numbers.

The company said it benefited from increased security at airports since the summer and foggy weather in the UK before Christmas. Many of these travellers were using Eurostar for the first time and Eurostar estimates that 1000 business customers a week have now permanently transferred from flying to high-speed rail.

Punctuality in 2006 was a record 91.5 pct.
Source: http://www.forbes.com/markets/feeds/afx/2007/01/11/afx3319864.html

Airport woes boost Eurostar sales

Tightened airline security and foggy weather at UK airports in December, which caused widespread disruption to flights, helped lift Eurostar.

The firm forecast that demand for its services would remain strong in 2007.

"We expect 2007 to be another good year," said chief executive Richard Brown, adding that the Tour de France in July and the France-hosted Rugby World Cup in the autumn were already generating strong demand.

When launched, Eurostar was owned by French state-run railway operator SNCF, Belgium's SNCB and British Rail.

The UK interests are currently held by Eurostar UK.
Source: http://news.bbc.co.uk/1/hi/business/6250977.stm

Air travel troubles benefit Eurostar

Eurostar enjoyed its best year yet in 2006 as the increasing stress of air travel and the damage it does to the environment persuaded more business travellers to switch to the high-speed rail service to Paris and Brussels.

A record 7.85 million passengers travelled on Eurostar - 5 per cent up on the previous year - while sales rose nearly 12 per cent to top pound;500m for the first time.

A spokesman said that an estimated 1,000 business passengers a week were switching from plane to train because of increased airport security and the general hassle of air travel.

He also said the environmentally friendly nature of rail was of growing importance to big corporate customers such as banks and multinationals who were looking to cut their carbon emissions.
Source: http://news.independent.co.uk/business/news/article2145181.ece

Huge rise in business use of Eurostar

The number of business travellers using Eurostar grew by 17 per cent in 2006, according to the cross-Channel rail operator. Some 630,000 business travellers used the high-speed rail service during the year, up from 538,000 the year before.

The company said: #147;Many of these travellers were using Eurostar for the first time and it is estimated that 1,000 business customers a week have now permanently transferred from flying to high-speed rail. #148;

Richard Brown, Eurostar #146;s chief executive, added: #147;I am delighted at the strong growth in the number of business travellers, who are discovering the punctuality and productivity advantages that Eurostar offers compared with the experience of flying.
Source: http://travel.timesonline.co.uk/article/0,,11250-2542217,00.html

Eurostar posts record sales

Eurostar, the cross-Channel rail service, today reported record sales figures and traveller numbers for 2006 as it won customers from a troubled airline industry.

Eurostar Says Full-Year Sales Rose

Eurostar Group Ltd., the operator of the train service connecting Britain with continental Europe, said Thursday that full-year sales rose 11 percent as more people switched away from aircraft travel.

Revenue in the year through Dec. 31 rose to 518 million pounds (US$1 billion; euro773.3 million) compared with 463.8 million pounds in 2005, Eurostar said in a statement.

The train operator carried a total 7.85 million travelers in 2006, a 5 percent increase on the previous year. Leisure traveler numbers rose by 4.5 percent, it said, while the largest increase was in business travelers, rising over 17 percent.
Source: http://www.forbes.com/feeds/ap/2007/01/11/ap3320286.html

What a ferry good idea

YOU might think there are only two ways of getting to Paris: catch a cheap flight or hop on a Eurostar.

And then you stay in a city centre hotel. But there is, as a certain Prime Minister once argued, a third way, and I reckon it beats the other two options hands-down.

Drive for an hour from York to Hull, and you can embark on a P O ferry and spend a night cruising across the North Sea before embarking at Zeebrugge for breakfast. Then a three-hour drives takes you to a campsite in the countryside outside the French capital, equipped with superb swimming and other recreational facilities.

From here, you can take day trips into the capital and also to Disneyland Paris, before driving north again to spend a couple of days on another site near Amsterdam.
Source: http://www.yorkpress.co.uk/redir.php?from=ec&to=1136853&l=what_a_ferry_good_idea



Record sales rise at Eurostar

Channel Tunnel rail firm Eurostar enjoyed a record rise in ticket sales during the last 12 months, the company today revealed.Sales were up 12 per cent to 518 million in 2006, Eurostar said, with passenger numbers rising five per cent to almost eight million.The firm is thought to have benefited from the severe travel disruption that hit UK airports in the latter half of last year due to heightened security restrictions and weather-enforced delays.And Eurostar chief executive Richard Brown said: "We expect 2007 to be another good year, with events such as the Tour de France in July and the Rugby World Cup in the autumn already generating strong demand in the groups market.
Source: http://www.manchester.com/National_News/Record_sales_rise_at_Eurostar-18029538.html

Record Year for Eurostar as More Travelers Switch From Airlines

Eurostar, the high-speed passenger train service linking the UK with France and Belgium, saw record sales and traveler numbers in 2006, as it attracted thousands of passengers from the airlines.

Sales topped half a billion pounds for the first time, rising 11.7% from pound;463.8 million to pound;518.3 million. North American sales of Eurostar tickets by Rail Europe, Eurostar's official North American representative, increased 6% for the year, with exceptionally strong sales August-December, with an average monthly increase of 30%.

A total of 7.86 million travelers chose Eurostar in 2006, up 5.4% over 2005. Of those, more than 200,000 bought tickets in North America from Rail Europe.
Source: http://www.etravelblackboard.com/index.asp?id=60423&nav=8

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