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Eurostar reports dip in revenues following Paris terror attacks and tunnel fire

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By John Glenday, Reporter

April 16, 2015 | 1 min read

Eurostar has reported a dip in sales revenues from passengers making the cross channel hop from London to Paris after a series of terror attacks in the French capital dissuaded some from making the trip and a tunnel fire disrupted services.

The combined impact of these incidents, exacerbated by fluctuating exchange rates, has seen sales revenues for the train firm dip by six per cent in the first quarter versus the same period a year ago at £215m, although passenger numbers remained flat at 2.3m.

In a statement the rail firm said: "Whilst January was challenging, trading returned to a more normalised pattern in the course of the quarter.

"Eurostar reported high levels of traffic during a record Easter holiday period and the company is seeing a strong year-on-year increase in forward bookings for the summer period."

There is light at the end of the tunnel however with a 7 per cent increase in premier business travellers compared with the first quarter of 2014, driven by the improving economic situation at home and on the continent.

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