Nicolas Petrovic - Articles and news items

Eurostar reports an encouraging start to 2013

Rail industry news / 18 April 2013 /

Eurostar, the high speed rail service between the UK and mainland Europe today reported an encouraging start to the year with growth in sales revenues during the first three months of the year. Compared to the same period in 2012, sales revenues grew by 1% to £213 million (£211 million Q1 2012), while passenger numbers remained stable year-on-year at 2.23 million (2.24 million Q1 2012).

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Eurostar delivers a strong performance in 2012

Rail industry news / 25 March 2013 /

Eurostar, the high-speed passenger rail service between the UK and mainland Europe, today reported a strong performance in 2012 marked by rising passenger numbers and good growth in profitability.

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New trains, new routes and new services – Eurostar’s vision for the future

Issue 6 2012 / 27 November 2012 /

Since Eurostar’s maiden voyage in 1994, we have carried over 130 million passengers across the Channel. Today, eight out of 10 passengers travelling between London and Paris and Brussels choose to do so by high-speed rail on a Eurostar service, with almost 10 million people travelling with us last year alone.

When I think back to the moment the first passenger service pulled out of London Waterloo 18 years ago, I cannot help but be struck by the travel revolution that has taken place during that time. In 1994, we could never have foreseen that by 2012 London would be France’s sixth largest city, with a regular stream of commuters enjoying the high-speed rail link between the UK and the Continent.

We are entering a very exciting period for high-speed European rail – a rail renaissance – as the deregulation of the market brings with it new routes, new partnerships and new services across the network. We expect to see an exciting period of growth and innovation over the coming years, just as has been seen in other newly liberalised markets like energy and telecoms. The ultimate winners will be the passengers and they can expect to experience a raft of innovations and better choice. (more…)

Eurostar reports a resilient performance in the first half of 2012

Rail industry news / 12 July 2012 /

Eurostar, the high speed rail service between the UK and mainland Europe, today reported continuing growth in passenger numbers and a resilient performance in sales revenues in the first half of 2012. In the first six months of the year, passenger numbers rose by 2% to 4.8 million from 4.7 million in H1 2011. Sales revenues remained robust growing by 1% to £425 million in H1 2012 from £421 million in the same period last year.

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Creating a fair and open rail market to compete with road and aviation is key

Issue 6, 2011 / 6 December 2011 /

Over the coming weeks and months, EU policy-makers will lock horns in earnest over new rules to ensure fair and open competition in the European rail market, both freight and passenger. On economic grounds alone it is critical that the right rules are in place but it is equally important from an environmental standpoint.

The EU is pursuing ambitious reductions in CO2 and the right conditions for growth in international rail travel could encourage many more people to choose the train over less carbon efficient options such as the car or plane.

Transport accounts for almost a quarter of total EU greenhouse gas emissions, yet it is the only sector where emissions continue to rise – an increase of 36% since 1990. If Europe is serious about reversing this trend and meeting its global environmental commitments, it needs to get its transport pricing and infrastructure investment policy right. (more…)

Eurostar raises the bar on environmental commitments

Rail industry news / 16 June 2011 /

Eurostar, the high-speed passenger service linking the UK and mainland Europe, today launched the next phase of its pioneering environmental programme, Tread Lightly, and announced a range of ambitious new targets and initiatives. This wide ranging update demonstrates Eurostar’s ongoing commitment to champion the switch to more sustainable modes of transport and helps cement the operator’s reputation as the greenest option for short-haul international travel in Europe.

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Eurostar reports strong growth in 2010 with sales revenue up 12% compared with 2009

Rail industry news / 14 January 2011 /

Eurostar, the high-speed rail service between the UK and mainland Europe, today announced a continued increase in overall sales revenue in 2010 compared with 2009.

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Eurostar announces £700 million investment in its fleet

Rail industry news / 7 October 2010 /

Eurostar International Limited, the high-speed passenger train operator between the UK and mainland Europe, has today announced its plans for a £700 million capital investment in its fleet. This represents the first key initiative since the recent transformation of the business from a partnership to a single, unified corporate entity¹. The investment in the fleet will be funded privately by Eurostar with a combination of cash and bank financing.

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