Posted 16th July 2008 | No Comments
Eurostar Growth Takes Off At Airlines' Expense
Eurostar chief executive Richard Brown
EUROSTAR has experienced surging demand during the first six months of the year with ticket sales up 25 per cent and traveller numbers up 18 per cent, driven by demand from the UK regions and the rising cost of flying.
Growth in traveller numbers – an 18.3 per cent year-on-year increase to 4.63 million – was greatest in towns and cities to the north of London which enjoy easy access to St Pancras International. Those seeing strongest growth include Derby, up 190 per cent, Nottingham, up 131 per cent and Sheffield and York with increases of 128 and 127 per cent respectively.
With high-speed rail fares unaffected by rising oil prices that have forced up airline ticket prices, more and more travellers are choosing Eurostar for carbon neutral journeys to the continent. Ticket sales between January and June totalled £368.8 million – an increase of 24.7 per cent against the same period last year.
Also during this period, punctuality levels were maintained with 92.6 per cent of trains arriving on time or early compared to just 62.3 per cent for
airlines between January and April, the latest available figure. Customer demand at the new Ebbsfleet station is fully meeting expectations and is
continuing at Ashford International.
Eurostar chief executive Richard Brown said: “This growth clearly demonstrates that our move to St Pancras International has opened up high
speed rail services to millions more people across the UK.
“The effect of rising oil prices on air fares, combined with growing awareness of the much greater environmental impact of flying, are causing
more and more travellers to switch from plane to train.”