Terrorist attacks and tunnel closure hit revenues but numbers remain static
Eurostar has reported that passenger numbers for the first quarter of 2015 held up at the same level as the previous year. This is in spite of the terrorist attacks in Paris and the major disruption resulting from the closure of the Channel Tunnel following a lorry fire on a Eurotunnel shuttle, both of which occurred in January.
The company reports that business travel continues to grow, with the number of Business Premier travellers increasing by 7% compared with the same period in 2014.
Sales revenues were also impacted by the events in January, as well as by exchange rate movements. Revenues fell by 6% year-on-year to £215 million; at constant exchange rates this represents a fall of 1%.
The company says trading returned to normal later in the quarter and reported high levels of traffic during the Easter holiday period. It launches a new direct service to the south of France on 1 May, serving Lyon, Avignon and Marseille.