Weak pound boosts Eurostar traffic - News Summed Up

Weak pound boosts Eurostar traffic


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



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */