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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, 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 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

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.

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Source: http://business.timesonline.co.uk/article/0,,9077-2542082,00.html



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