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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

Eurostar profit from airports chaos

Eurostar saw record sales and traveller numbers in 2006 as it attracted hoards of passengers who might usually have taken flights to France and Belgium. The security meltdown at British airports during the summer and the severe fog before Christmas put many travellers off flying.Eurostar 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 travellers chose Eurostar in 2006, up 5.4 % on 2005. Leisure traveller numbers rose by 4.5%, while the largest increase was in business traveller numbers, rising over 17%.Eurostar has also recorded its best ever punctuality figures. 91.5% of journeys were on time, compared to an average of just 70% for flights on the London to Paris and London to Brussels routes.
Source: http://www.flightmapping.com/news/1149.aspx

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

Channel Tunnel
http://business.scotsman.com/topics.cfm?tid=508The railways
http://news.scotsman.com/topics.cfm?tid=168

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

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



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