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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

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 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 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 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

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 Reports Increased Sales And Passenger Numbers In 2006

Eurostar train services through the Channel Tunnel from Britain to France and Belgium Thursday reported a rise in sales and passenger figures in 2006, helped in part by its promotion of the film hit The Da Vinci Code, the company said. Presenting its results in London, the high-speed Anglo-French train company said sales had risen by 11 per cent in 2006 to 518 million pounds (one billion dollars). The company, which operates to Paris and Brussels from London's Waterloo station, carried 7.85 million passengers in 2006 - an increase of more than five per cent on the on the 2005 total. The Hollywood film based on the controversial book by Dan Brown was set in London and Paris and promoted by Eurostar.
Source: http://www.playfuls.com/news_10_8528-Eurostar-Reports-Increased-Sales-And-Passenger-Numbers-In-2006.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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