FX Excursions

FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.

Eurostar Making Staff, Route Cutbacks

by Megan Hill

Nov 3, 2016
Feature

Eurostar has been sending mixed messages lately, first announcing plans to expand with a new route from London to Amsterdam for 2017. Now comes word the company is making cutbacks, reducing staff numbers and rolling back the number of trains running between London, Paris and Brussels slightly.

The news is the result of a sharp decline in passenger numbers and revenue over the past six months, which have fallen by 3 and 8 percent respectively. That’s a marked decrease in business for a company posting consistent growth over its 22 years in business.

Passenger numbers dropped in the wake of recent terror attacks in Brussels and Paris. And revenue decreases followed despite a slew of seat sales designed to boost ridership.

Eurostar told Railway Gazette, “This is a challenging environment for all travel companies and we need to manage our costs very carefully. That’s why we are looking at the size and shape of our business.”

While Europeans are likely among the falling passenger numbers, international tourists from America and Asia are also likely using trains less.

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FX Excursions

FX Excursions offers the chance for once-in-a-lifetime experiences in destinations around the world.

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