June 24, 2022

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‘Battling for survival’: Eurostar attract UK government for support

‘Battling for survival’: Eurostar attract UK government for support
Eurostar bosses are warning that the company is “fighting for survival” as coronavirus travel restrictions trigger a 95% drop in demand from pre-Covid levels. Passenger numbers on the cross-Channel train service have been down since March and are now “believed to be less than 1%” of the levels prior to the pandemic, following the recent tightening of…

Eurostar employers are cautioning that the company is “fighting for survival” as coronavirus travel restrictions trigger a95%drop in need from pre-Covid levels

Passenger numbers on the cross-Channel train service have been down since March and are now “ believed to be less than 1%” of the levels prior to the pandemic, following the current tightening of coronavirus guidelines in countries throughout Europe, The Guardian reports.

The dearth of guests has actually seen the number of services running each day drop from 50 prior to the pandemic to simply ” a single train per day going each way in between London and Paris, and one in either instructions between London and Brussels”, includes Sky News

Eurostar chief executive Jacques Damas has actually now written to Chancellor Rishi Sunak asking for monetary assistance after the UK federal government announced on Tuesday that the country’s struggling airports will each receive company rates relief of approximately ₤ 8m.

In a statement, the train operator said: “The brand-new plan of rates relief for airports puts Eurostar at a direct drawback versus its airline competitors. Eurostar has been left defending its survival against a 95%drop in demand, whilst aviation has received over ₤ 1.8 bn in assistance through loans, tax deferrals and financing.

” We would ask this plan to be encompassed include global rail services, and more generally for the federal government to incorporate high-speed rail in its assistance for the travel sector, and in doing so assist secure the green entrance to Europe.”

‘ Key to our future connection’

Rail, Maritime and Transport (RMT) union general secretary Mick Cash has also required the federal government to action in immediately to give “lifeline financial backing for the crucial international facilities role fulfilled by Eurostar and the countless jobs supported both straight and indirectly by the service”.

That plea has been echoed by Anthony Berkeley, vice president of Allrail. In a post in City A.M., Berkeley writes: “As the end of the EU shift period looms, the UK should have the ability to showcase the strength of its post-Brexit trading function, whatever the outcome of settlements. Our connectivity with Europe, even as a standalone nation, is vital to demonstrating this.

” Current news of vaccines offers us all a glimmer of hope that life as we know it will resume soon. When it does, we require to make sure our international high-speed rail services are in a strong position to respond and satisfy demand. That suggests battling to safeguard cross-Channel rail – our green gateway to Europe, and the key to our future connectivity in a post-Brexit world.”

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