New P&O fares signal Channel price war
P & O, which has about 60 per cent of the cross-Channel market, is attempting to pre- empt fares announcements by rival ferry operators and, more significantly, Eurotunnel.
On routes which will be less affected by competition from the tunnel, P & O has increased fares: Portsmouth- Le Havre is up by 3 per cent, Portsmouth-Cherbourg by 5 per cent and Portsmouth- Bilbao by 5 per cent.
Fares on the Dover-Calais route for a car and up to eight passengers range from pounds 139 at off-peak times to a summer maximum of pounds 320. P & O expects to carry a record 14 million passengers and about 2.8 million cars this year on its six main Channel and North Sea routes.
Britanny ferries is expected to announce its fares within a couple of weeks, and Stena Sealink will follow suit later this autumn.
In previous years, the first brochures have often been pre-emptive strikes in fares wars, but P & O said yesterday: 'We're printing 700,000 copies of this one, which shows that we are committed to it.'
Last January, Eurotunnel announced broadly similar fares to those of the ferry companies for its cross-channel Le Shuttle service, but in the event the start of the service was delayed and the brochure was scrapped. Eurotunnel now hopes to start special services for its shareholders and bankers early next month, building up to a commercial service by the end of the year.
In the meantime, a Eurotunnel spokeswoman said last night: 'We will only be announcing our fares shortly before we start a commercial service.'
While both sides say they will avoid a price war, many analysts suggest that one is inevitable given that the tunnel will virtually double cross- Channel capacity.
- 1 Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
- 2 Oil tanker with $100 million cargo goes missing off Texas coast
- 3 George Galloway left with severe bruising after attack in Notting Hill by man 'shouting about the Holocaust'
- 4 Lady al-Qa’ida: On the trail of Dr Aafia Siddiqui, the world’s most wanted prisoner
- 5 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
YouTube video posted by Isis militants shows 'execution of 250 Syrian soldiers'
Keira Knightley topless: Usually conservative actress does own take on #Freethenipple campaign for Interview Magazine
Oil tanker with $100 million cargo goes missing off Texas coast
George Galloway left with severe bruising after attack in Notting Hill by man 'shouting about the Holocaust'
A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
Robin Williams Emmys tribute led by Billy Crystal criticised for including 'racist' joke about Muslim woman
The Rotherham child abuse scandal is a tale of apologists, misogyny and double standards
What do immigrants really think of Britain? Polish immigrant's Reddit post goes viral
Scottish independence TV debate: Pumped-up Alex Salmond bounces back in bruising second round against Alistair Darling
Do you realise just how foolish the UK looks?
With Douglas Carswell joining Ukip, my party has taken another giant step forward
- < Previous
- Next >
£60000 - £70000 per annum + Benefits + Bonus: Harrington Starr: Senior Data Sc...
Highly Attractive Salary: Austen Lloyd: BRISTOL - This is a very unusual law c...
£28000 - £30000 per annum + Benefits + Bonus: Harrington Starr: Junior VB.NET ...
£40000 - £50000 per annum + Benefits + Bonus: Harrington Starr: C# .NET Web De...