Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
Eurostar train
Eurostar train Photo: Baloncici/DepositPhotos
Business
Eurostar
Coronavirus
state aid
UK
Rotterdam
London
NMBS
SNCF
Patina Rail
Cristophe Fanichet
train travel
Amsterdam
international train travel
travel restrictions
B117 coronavirus
Wednesday, January 20, 2021 - 09:38
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Netherlands-London high speed train could disappear as bankruptcy looms for Eurostar

Rotterdam and Amsterdam may be losing their high-speed train connection to London after only two years. Eurostar is facing massive financial difficulties and may soon collapse if it doesn't receive government support. 

Eurostar, the company that runs trains between London and the European mainland, is owned by the French SNCF, Canadian investors of Patina Rail, and Belgian NMBS. SNCF CEO Cristophe Fanichet told reporters this week that Eurostar is in "very critical condition" and will be unable to meet its payment obligations as of April without support, AD reports.

Due to the coronavirus pandemic, Eurostar saw its passenger numbers drop by 85 percent last year. The extra contagious B117 strain of the coronavirus causing havoc in the United Kingdom, plus the rapid Covid-19 tests now imposed on travelers, and increasing border controls due to the Brexit, have resulted in even emptier trains. The number of travelers has now dropped to 95 percent.

Eurostar has not received any government support so far, according to AD. As its head office is in London, the company is looking at the British government for support. But the British government sold its stake in Eurostar and no longer sees it as a British company. 

Follow us:

Latest stories

  • Political parties want higher burdens on companies in election plans
  • Covid restrictions took huge financial toll on hospitality industry
  • Little support for plan to give Covid-vaccinated people more freedom
  • Tax returns season opens with website outage
  • Massive increase in hacks, personal data theft
  • Mistaken identity suspected in handyman's murder in Beuningen

Top Stories

  • Major clashes in first election debate, including with voters
  • Netherlands 4th in EU ranking for Covid vaccination
  • Secondary, vocational schools open to physical education from today
  • Covid-19 seven-day average up 17 percent for the week; hospitalizations total also rises
  • Code yellow weather warning for most parts of The Netherlands due to fog
  • Suspect in Amsterdam fatal shooting arrested in Valencia, Spain

© 2012-2021 NLTimes.nl, All rights reserved.

Footer menu

  • Privacy
  • Contact