Eurostar: expect ‘arm-wrestling’ between London and Paris to rescue rail firm, says top economist Simon Calder © Provided by The Independent
Eurostar will be the subject of financial “arm-wrestling between the UK and France”, a top French transport economist has said. But Professor Yves Crozet of the University of Lyon predicted the rail firm will survive.
Economist predicts ‘arm-wrestling’ between UK and France to rescue Eurostar
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In a normal year, Eurostar would be expected to carry more than 30,000 passengers a day on average; sell tickets worth £1bn annually; and make around £100m in profit.
But trains through the Channel Tunnel from London have been reduced to a single trip to Paris and another to Brussels and Amsterdam, with a typical daily total of 200 to 300 travellers.
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