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World Eurotunnel (Getlink) weighed down by the collapse of TGV Eurostar traffic

11:20  21 january  2021
11:20  21 january  2021 Source:   ouest-france.fr

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Getlink estimates that Eurostar traffic made up over 76% of London-Paris route market share last year. Gounon added that the company ended its part-time work policy in France on July 1, which had affected thousands of staff from the start of April, and was in the process of doing so in Britain as well.

Fanichet last week said Eurostar passenger numbers were down 85 percent in 2020 from the year earlier and that the group was now "on a drip" in need of extra cash to prevent it from collapsing . He added that the problem for Eurostar was that it was seen as French by the British government and

Eurotunnel (Getlink) plombé par l'effondrement du trafic des TGV Eurostar © TeaMeister / Flickr Eurotunnel (Getlink) weighed down by the collapse of TGV Eurostar traffic The Covid-19 pandemic has caused the figure to drop Eurounnel (Getlink) business by 25% in 2020, while Eurostar TGVs carried 77% less passengers, with only 2.5 million passengers.

Eurotunnel has been severely tested by the Covid-19 pandemic ... Getlink , operator of the Channel Tunnel, has shown an fall of 25% (-24% at constant exchange rates) in its figure of business, at 816 million euros, weighed down by the collapse of TGV Eurostar traffic. Eurotunnel (the Channel Tunnel) represented 85% of Getlink's activity, with turnover down 28% to € 693 million. The shuttle business - the transport of cars and trucks on rail shuttles between France and England - was down 17% to 521 million euros. CEO Yann Leriche declared: "the turnover for the year demonstrates the commitment of the group's teams, who have never ceased to innovate and adapt to continue to offer excellent service to customers, whatever their be the circumstances, in particular health ".

Eurostar 'in very critical' state, warns rail boss

  Eurostar 'in very critical' state, warns rail boss Eurostar, the train operator that runs services through the Channel Tunnel, is in "a very critical" state after a collapse in travel between Britain and the European continent, a top French rail executive warned on Friday. Until recently a symbol of easy high-speed rail travel in Europe, Eurostar has been crippled by the coronavirus crisis, with its special platforms and facilities in Paris, London and Brussels now eerily quiet. The group isUntil recently a symbol of easy high-speed rail travel in Europe, Eurostar has been crippled by the coronavirus crisis, with its special platforms and facilities in Paris, London and Brussels now eerily quiet.

Getlink / Eurotunnel 2019. Eurotunnel : Revenue from Shuttle Services down 2% to €629.9 million Eurostar : a record year with more than 11 million passengers travelling (+1%) Europorte: revenues up 4% to €126.5 million.

A Eurotunnel – or Getlink – spokesman said the rebranding was necessary because the group now owned companies beyond the tunnel. Confusingly for many, it does not operate Eurostar trains , only the train shuttles that carry vehicle traffic . That confusion may yet continue for passengers looking to

Traffic fell by 9% for trucks, 46% for passenger vehicles and 71% for coaches. Revenues from the rail network - tolls paid by freight or passenger train operators to travel through the tunnel - were down 48% over the year, to 163 million euros. Eurostar high-speed trains according to Getlink carried 77% fewer passengers last year, with only 2.5 million passengers. 1,736 freight trains passed through the tunnel at the same time in 2020 (-19%). As for Europorte, the group's rail freight company, its annual turnover is down more than 3% to 123 million euros.

>> To read also - And during this time, the Channel tunnel remains open

Management welcomes "a solid performance in the economic and health context of the year 2020, linked in particular to the strong demand for additional trains from last minute for the delivery of products necessary for the manufacture of hydroalcoholic gel ", reports AFP. In the fourth quarter alone, the turnover of the Getlink group was down 24% - and 23% at constant exchange rates - to 194 million euros.

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Heavy goods traffic through the tunnel increased by 3% over the last three months of the year, while that of cars was down 60%, that of coaches down 82% and the number of Eurostar passengers down 94%, according to the press release. The detailed annual results of the group will be published on February 25.

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