Eurostar enjoys 2% passenger increase but World Cup restrains growth
Eurostar has carried over 145 million passengers since opening in 1994
Thursday 17 July 2014
Factors including South Americans staying at home for the World Cup and decreased demand for holidays in northern Europe stunted Eurostar’s growth between January and June this year.
The cross-Channel train operator saw passenger numbers rise by only 2 per cent to 5 million and revenues by just 0.5 per cent to £456 million in the first half.
Chief executive Nicolas Petrovic said: “We were hit by a number of factors in the first half but we are now beginning to see a more-benign trading environment with encouraging signs of economic stability in France as well as t he UK.”
Business-passenger bookings were up by 6 per cent reflecting the improvement in sentiment on both sides of the Channel but leisure traffic was flat.
Petrovic said: “British travellers who might usually have taken one City break at Easter and one at the May bank holiday just took the one.
“And Brazilians, who are big fans of Eurostar, simply put off their European holidays for the football. But we are pretty hopeful they are coming back.”
He added that the service had launched two post-World Cup deals for UK passengers including £99 return to Paris, Brussels or Lille on certain trains.
He said: “Targeting consumers who may have chosen to defer their traditional summer getaway makes sense and should be felt in the third quarter as we see travel patterns return to normal.”
- 2 Dutch King Willem-Alexander declares the end of the welfare state
- 4 Giant Minion terrorises drivers in Ireland as 40ft inflatable blocks busy Dublin road
- 5 'Cool kids' can go on to become losers in later life, study finds
Sabrina Corgatelli: US hunting tourist posts picture of herself with dead giraffe after Cecil the lion outrage
'Gene drive': Scientists sound alarm over supercharged GM organisms which could spread in the wild and cause environmental disasters
Edward Heath 'child sex abuse' allegation: Investigation to be held into Wiltshire police handling of alleged claim in the 1990s
Labour leadership race: Jeremy Corbyn could be the next Prime Minister, says Ken Clarke
A-level results 2015: UK exam board OCR admits it 'estimates' hundreds of pupils' grades after papers 'go missing'
Is Britain really full up? Are migrants taking our jobs? Leading academic answers the most common anti-immigration claims
Calais Migrant Crisis: Deputy Mayor of Calais labels Cameron's use of 'swarm' as 'racist' and 'ignorant'
Chris Leslie: Jeremy Corbyn's anti-austerity agenda will harm the poor, says Labour shadow Chancellor
Landlords renting properties to illegal immigrants to face up to five years in prison
While we fixate on Calais, the Home Office is quietly deporting dozens of migrants on 'ghost flights'
Calais crisis: The seven claims made about the migrants - and the reality
iJobs Money & Business
£20000 - £25000 per annum + OTE £45K: SThree: SThree Group have been well esta...
£21000 per annum: Recruitment Genius: This is an exciting opportunity to join ...
Up to 70k DOE: Guru Careers: We are seeking an experienced Financial Director ...
£11000 - £50000 per annum: Recruitment Genius: This financial company offer ma...