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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 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 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

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



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