Is Eurostar’s monopoly under threat?3 Jun 2024 14:56
“Eurostar has enjoyed a monopoly on passenger trains linking the UK to continental Europe since its first service left London Waterloo in 1994.
But today the operator is facing the most serious competitive threat in its 30-year history, with up to five companies looking at rival operations to run trains through the Channel Tunnel.
Sir Richard Branson’s Virgin Group; Evolyn, a Spanish-led consortium backed by the largest shareholder in Mobico, formerly known as National Express; and Dutch start-up Heuro have all in recent months said they are exploring opening new services. Industry executives say there are at least two other contenders. “
Article from FT