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2 clusters · 11 sources · 3 days · First seen · Last updated

Virgin Group cross-Channel rail expansion

Overview

Virgin Group has announced plans to enter the cross-Channel rail market to challenge Eurostar’s monopoly. The company intends to launch high-speed services through the Channel Tunnel starting in 2030, connecting London with Paris, Brussels, and Amsterdam.

To support this expansion, Virgin has signed a €650 million contract with Alstom to purchase 12 Avelia Stream high-speed trains. These trains, which can reach speeds of 300 km/h, will be owned by infrastructure investment firm Equitix and leased to the operator. The proposed service includes up to 20 daily return trips, with specific targets of 13 daily services between London and Paris, four between London and Brussels, and three between London and Amsterdam.

Entities

Alstom · Equitix · Virgin Group · Solaris · Yutong

Timeline

  1. [BUSINESS] 2 sources
    Transport sector updates: FlixBus electric routes and Virgin-Alstom rail deal

    FlixBus has launched electric bus services between Vienna and Bratislava, while Virgin and Alstom partner for high-speed rail in the Channel Tunnel and Solaris debuts a US-specific electric bus prototype.

  2. [BUSINESS] 9 sources
    Virgin Group to challenge Eurostar with new cross-Channel rail services

    Virgin Group plans to challenge Eurostar’s monopoly by launching high-speed rail services between London, Paris, Brussels, and Amsterdam via the Channel Tunnel starting in 2030.

Sources

abcbourse.com · actu.fr · autopro.hu · lfm.ch · mobilitate.eu · radiolac.ch · raillynews.com · regionalbahn.blogspot.de · stopbullying.gov · travelandtourworld.com · ville-rail-transports.com