Saturday 25 November 2017

Business travellers boost Eurostar profits


Peter Woodman

A surge in business travellers has helped Channel Tunnel high-speed train company Eurostar record increased sales in the first part of the year.

Sales revenue for the period January-March reached £227m - a 7pc increase on the first three months of 2013.

Passenger numbers for the first three months of this year were up 3pc to 2.3 million with the number of business premier class travellers rising 6pc.

Leisure travellers increased 3pc despite the fact that numbers last year were boosted by an earlier Easter.

Numbers for this year's April-June period could be slightly affected by the operational problems last Thursday when Eurostar was forced to cancel a number of services.

Commenting on the financial figures for January-March, Eurostar chief executive Nicolas Petrovic said: "The improvement we have seen in the corporate travel market in recent months underpins the strong performance reported today.

"Coupled with the benign winter weather which saw far lower levels of weather-related disruption than in previous years, the first quarter has set us on course for continued growth throughout the year."

Press Association

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business