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Eurostar sounds the alarm

2021-01-19T19:35:30.136Z


Stricken by the pandemic, the company calls for help from the French and British States. Will Eurostar derail? In any case, the cross-Channel railway company is sounding the alarm signal. " The situation is very critical ", acknowledged Tuesday Jean-Pierre Farandou, CEO of SNCF which owns 55% of this company. The operator, which provides high-speed connections London-Paris and London-Brussels-Amsterdam, saw its turnover plunge by 82% in 2020 and fall to nearly 200 million euros. Since


Will Eurostar derail?

In any case, the cross-Channel railway company is sounding the alarm signal.

"

The situation is very critical

", acknowledged Tuesday Jean-Pierre Farandou, CEO of SNCF which owns 55% of this company.

The operator, which provides high-speed connections London-Paris and London-Brussels-Amsterdam, saw its turnover plunge by 82% in 2020 and fall to nearly 200 million euros.

Since April, it has only achieved 5% of its usual sales because of the pandemic.

Today, it only makes two daily round trips (one London-Paris and one London-Brussels-Amsterdam).

Read also:

The colossal public cost of the SNCF

"

The company could be in suspension of payments at the end of the spring

, warns its general manager, Jacques Damas.

But if ever the crisis were even more severe it could even happen a little earlier.

Suddenly, Eurostar calls for help from the French and British States.

It would not be abnormal for Eurostar to be helped as the airlines have

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Source: lefigaro

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