Eurostar Q3 revenues up 21%
Eurostar saw third quarter revenues rise by 21% to £130 million, with carryings up almost 10% to 2.15 million.
Figures for the peak summer quarter between July and September were boosted by thousands of extra passengers switching from flying to the high speed train service following the August 10 UK airport security alert.
Total sales in the quarter reached £130.4 million – up 21% from £107.9 million the same time last year. The business market continued to perform strongly with business ticket sales up by 27%.
On-time train performance averaged 91.4%. This included a week in September where Eurostar recorded its best weekly punctuality of 98%.
Eurostar’s communications director Simon Montague said: “The surge in traveller numbers has been driven by the delays at UK airports. Business travellers in particular are continuing to switch to Eurostar from the airlines.
“We have been surprised and pleased at the increasing number of passengers who say that the environment is a growing reason for switching to Eurostar, and who are prepared to make Eurostar part of longer, connecting rail journeys than in the past. We now expect concern about transport emissions to become an increasingly important factor in passengers’ travel decisions in future.
“The Q3 figures also show clearly that the inbound tourism market to the UK has fully recovered from the effects of the terrorist attacks in London in July 2005.”
Report by Phil Davies
Phil Davies
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