Revenues rose 15 per cent at Eurostar in the third quarter as more people travelled to Britain to take advantage of the weak pound DENIS CHARLET/AFPAmericans travelling to Britain to take advantage of the bombed out pound and then taking the Eurostar to Europe, as well as a possibly Brexit-related surge in people shuttling across the Channel in business class on last minute bookings, has led to a jump in revenues in the cross-channel high speed rail service. During the key summer trading quarter of July to September, Eurostar handled 2.69 million passengers, a year on year rise of 4 per cent. However, in the same period revenues lifted 15 per cent to £211 million. The train company, controlled by the French state railway SNCF, said the sales increase was not foreign exchange-related or due to rising fares, but because of an increase in business class passengers booking late and…
Source: The Times October 18, 2017 05:48 UTC