Eurostar has announced plans to commence operations to Frankfurt and Geneva in the early 2030s.
There are prospects to establish routes from London to Frankfurt and Geneva, as well as from Amsterdam and Brussels to Geneva.
An investment of approximately 2 billion euros will be made to introduce up to 50 new train sets, replacing older models and expanding the fleet size. With current annual ridership at 19.5 million, this will bring Eurostar closer to its target of 30 million users. The existing 17 train sets will be retained, bringing the total fleet to 67.
For the financial year ending December 2024, Eurostar recorded a revenue of 2 billion euros and an EBITDA of 346 million euros, with the London–Paris route being the most profitable. The current fleet consists of 51 train sets.
However, on the UK side, there is a capacity shortage at the sole Temple Mills train maintenance depot. Eurostar is urging the UK’s Office of Rail and Road to develop a plan to encourage private investment.
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