Spain’s state rail company, Renfe, has announced initial plans to compete with Eurostar by operating a high-speed Channel tunnel line to shuttle travellers between Paris and London.
Renfe said studies had shown that the Eurotunnel route, which opened in 1994, could be profitable and workable over the coming years.
“At the moment, there are available slots and capacity to operate on the high-speed line,” it said in a statement on Wednesday. “This high-speed corridor has high traffic and was growing until Covid-19 – a trend that is set to recover next year. According to demand analysis, it would be viable and profitable for Renfe to compete with Eurostar.”
The Spanish company noted that Eurotunnel’s Paris-London route was used by 9 million
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