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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

Travellers suffer in storm's wake

But there was better news for Eurostar passengers, with the Channel Tunnel high-speed train company able to run a full service, except for one early Paris to London train which was cancelled. Severe weather in northern France had led to a suspension of Eurostar's London to Paris and Brussels services in the second half of Thursday.

A severely-reduced service was operating on GNER's East Coast main line between London and Edinburgh while an emergency timetable was in operation on the Virgin West Coast main line. GNER spokesman Alan Hyde said: "We have been working hard to ensure that our trains and crews are in the right places to run as normal a service as possible.
Source: http://www.metro.co.uk/news/article.html?in_article_id=33852&in_page_id=34&in_a_source=

Eurostar back on track

Eurostar confirmed a full recovery from the aftermath of the July 7 bombings today as it announced record sales.

The cross-channel train service suffered a dip in customer growth following the attacks two years ago, as tourists stayed away from London and continental Europe.

Eurostar said it had overcome the slump to post revenues of 518.3m last year, an increase of 11.7% on 2005. Passenger numbers on the London-Paris-Brussels service rose 5.4% to 7.85 million, double the rate of growth in the previous year.

Article continuesRichard Brown, Eurostar chief executive, said an improvement in punctuality - which resulted in nine out of ten trains arrving on time - had helped win back customers.
Source: http://business.guardian.co.uk/story/0,,1988127,00.html

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's record year as travellers switch from planes

Eurostar's record year as travellers switch from planes

Eurostar is reporting record ticket sales and passenger numbers for 2006 ndash; claiming thousands of people chose its trains over flying to the Continent.

Sales of tickets for the company rsquo;s high-speed trains to France and Belgium topped half a billion pounds for the first time, rising 11.7 per cent from pound;463.8 million to pound;518.3m.

In total 7.85 million travellers chose Eurostar in 2006, and increase of 5.4 per cent on 2005.

Leisure traveller numbers rose by 4.5 per cent, while the largest increase was in business traveller numbers, rising by more than 17 per cent.
Source: http://www.kentnews.co.uk/kent-news/Eurostar_s-record-year-as-travellers-switch-from-planes-newsinkent2539.aspx

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



Eurostar enjoys a green boost

Eurostar today reported that it carried 7.85m passengers in 2006, 410,000 more than in the previous year, a leap of 5.4%.

That sent revenues through the pound;500m level for the first time with sales up 11.7% at pound;518m, hastening the day the train operator can say that it makes a profit.

It has been deep in the red since its first trip under the Channel 13 years ago.

Much of the growth is coming in business class where passenger numbers jumped by 17%.

"'We have seen the big environmental impact, especially over the last six months, icirc; said Eurostar director Simon Montague.

"'Big corporates like HSBC and PwC have taken decisions about being carbon neutral and that is changing their travel programmes.
Source: http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=416304&in_page_id=3

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

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