Eurostar news – Page 4
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NewsEurostar to cut services and jobs
EUROPE: Cross-Channel high speed train operator Eurostar is to reduce the number of services it operates by 8% and intends to cut 80 jobs. ‘This is a challenging environment for all travel companies and we need to manage our costs very carefully’, Eurostar told Railway Gazette. ‘That’s why we are ...
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News‘Brexit’ uncertainty hits Eurostar business
EUROPE: Cross-Channel high speed train operator Eurostar has reported a ‘challenging’ second quarter of 2016, with passenger numbers down 3% on the same period the previous year to 2·7 million, and sales revenues 10% lower at £208m. There was a ‘slowdown in business travel’ in the run-up to the ...
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NewsEurostar undertakes detailed planning for London – Amsterdam service
EUROPE: Cross-Channel high speed train operator Eurostar plans to run a test train between London and Amsterdam next month as part of the detailed planning for the launch of passenger services on the route in late 2017, CEO Nicolas Petrovic told Railway Gazette on April 25. Detailed discussions are underway ...
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NewsEurostar passenger numbers steady but profit down
EUROPE: Cross-Channel high speed train operator Eurostar reports that it carried 10·4 million passengers in 2015, the same total as 2014. Sales revenue was impacted by the strength of sterling, being flat year-on-year at constant exchange rates but down 5% at actual exchange rates from £867m in 2014 to ...
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NewsBoomerang delivery service trialled on Eurostar
EUROPE: High speed train operator Eurostar is running a three-month trial with Boomerang, an online platform which puts people in Paris and London in touch with each other to deliver products from across the Channel. Eurostar says users can connect to request ‘small but much-loved things they can’t get ...
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NewsEurostar e320 enters service
EUROPE: The first of Eurostar’s 17 Siemens-built Velaro e320 trainsets began operating in limited commercial service on November 20, having been authorised for passenger operation through the Channel Tunnel the previous day. According to Eurostar, ‘we received the final piece of safety authorisation earlier than expected’, allowing the company to ...
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NewsEurostar sale ‘represented value for money’ says NAO
UK: On November 6 the National Audit Office published a report into the £757·1m sale of the UK's interest in cross-Channel high speed train operator Eurostar International, concluding that the government achieved its objective of maximising proceeds and that the sale represented value for money for taxpayers. However, Meg Hillier ...
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NewsEurostar e300 trainset refurbishment completed
EUROPE: The first of Eurostar’s ‘remodelled and redesigned’ trainsets is expected to return passenger service ‘in the coming weeks’, the cross-Channel high speed train operator announced on July 21. The refurbishment of the Class 373 trains dating from the launch of Eurostar services in 1994 is being undertaken at ...
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NewsEuropean Commission approves SNCF control of Eurostar
EUROPE: The European Commission announced on May 13 that it had approved a shareholders’ agreement which will see French national railway SNCF acquire sole management control of cross-Channel high speed train operator Eurostar International Ltd. This approval is subject to commitments which are designed to facilitate the entry of new ...
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NewsUK Eurostar sale price 'ahead of expectations'
EUROPE: The British government announced an agreement to sell its entire stake in Eurostar International Ltd for £757·1m on March 4. Eurostar International owns the UK’s 40% stake in the cross-Channel high speed train operator, with France’s state-owned train operator SNCF holding 55% and its Belgian counterpart SNCB the remaining ...
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NewsEurostar growth continues in 2014
EUROPE: Announcing preliminary results for 2014 on February 18, Eurostar International Ltd reported sales revenue of £867m, up 1% from £857m the year before or 4% at constant exchange rates. Like-for-like operating profit was up 2% at £55m from £54m the year before, reflecting ‘additional non-cash charges’ made against the ...
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NewsEurostar orders seven more e320s
EUROPE: Marking the 20th anniversary of the launch of passenger services through the Channel Tunnel with a celebration at London St Pancras on November 13, Eurostar announced that it had signed Heads of Agreement with Siemens for seven more e320 trainsets. On display in Platform 5 was one of ...
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NewsUK invites interest in buying 40% stake in Eurostar
EUROPE: The British government formally invited expressions of interest in buying its 40% stake in cross-Channel high speed train operator Eurostar International Ltd on October 13. Potential bidders have until October 31 to respond, with the government saying its key objective is to ‘maximise value for money for the ...
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NewsSNCF to expand Eurostar terminal in Lille
FRANCE: SNCF’s Gares et Connexions business unit has announced plans to double the capacity of the Eurostar terminal at Lille Europe station in a seven-month project valued at €3m. Work to expand both the waiting areas and security zone of the ‘Transmanche terminal’ will begin in March for completion by ...
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NewsPassenger volumes up at Eurostar
EUROPE: High speed operator Eurostar International reported a doubling in operating profit and modest increase in passenger volumes when reporting full-year financial results for 2012 on March 25. The operator carried 9·9 million passengers in 2012, 2% up from 9·7 million for the prior year, whilst operating ...
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NewsEurostar to trial London – Aix-en-Provence service
EUROPE: International high speed operator Eurostar is to operate a new service between London and the south of France on a trial basis in May and June 2013. Building on its long-standing seasonal service between London St Pancras International and Avignon-Centre which has operated on Saturdays in ...
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NewsEurostar restructuring completed
EUROPE: The long-planned restructuring of Eurostar, the cross-Channel high speed rail operator, was formally completed on September 1, the company has confirmed. The restructuring has seen the unincorporated tri-national partnership under which Eurostar was created replaced by Eurostar International, a conventional three-way joint venture with its own ...
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NewsEurostar accepts multiple failings
EUROPE: The findings of the independent review commissioned to look into the collapse of Eurostar cross-Channel services during the severe snowstorms on December 18-19 were announced in London on February 12. Following pressure from the French transport minister Dominique Bussereau, Eurostar had asked former GNER Chief Executive ...
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News‘Depot mark 2’ promises faster maintenance of faster trains
Andrew Grantham reports from Eurostar Engineering Centre Temple Mills
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