Getlink to Enable the Doubling of Direct High Speed Rail Services From the UK Over the Next 10 Years via the Channel Tunnel.
December 14 2023 - 11:40AM
Business Wire
This doubling will be achieved by reducing the "time to
market" from 10 to 5 years for operators who intend to launch new
services between London and Cologne, London and Frankfurt, London
and Geneva, London and Zurich.
Regulatory News:
Getlink SE (Paris:GET):
On 6 May 2024, Eurotunnel, a wholly owned subsidiary of Getlink,
will celebrate 30 years since the opening of the Channel Tunnel and
the introduction of the first LeShuttle and LeShuttle Freight rail
services linking Folkestone (Kent)to Coquelles (Pas-de-Calais).
This year will also mark the 30th anniversary of the first direct
rail links between London and Paris, and London and Brussels.
Three decades after this pioneering step forward in Europe's
rail network, and in the wake of the development of the recently
introduced link between London and Amsterdam, Eurotunnel is aiming
to further accelerate the low-carbon mobility of people between the
UK and continental Europe by doubling the number of new direct
destinations from London via the Channel Tunnel over the next 10
years.
The reduction in the time needed to launch new services to just
5 years is the fruit of the work by Eurotunnel, the infrastructure
manager and keystone of the cross-Channel high-speed links, in
cooperation with partners from across the European ecosystem
(infrastructure managers, authorities, manufacturers,
regulators).
4 decisive steps have been taken towards
simplification:
- market research carried out by Eurotunnel to identify
destinations,
- Standardisation of Tunnel regulations with the relevant
authorities,
- Integration of tunnel specific criteria with manufacturers in
their standard rolling stock offering,
- Preparing cross-Channel connections with network operators and
stations.
For Yann Leriche, Chief Executive of Getlink, "The Channel
Tunnel is the catalyst for the acceleration of high-speed passenger
traffic between London and Europe's major cities. The
attractiveness of the Open Access model and the impetus driven by
Eurotunnel as infrastructure manager to develop new destinations
are key factors in the growth of low-carbon mobility between the UK
and continental Europe."
***************************
About Getlink
Getlink SE (Euronext Paris: GET), through its subsidiary
Eurotunnel, is the concession holder for the Channel Tunnel
infrastructure until 2086 and operates Truck and Passenger Shuttle
services (cars and coaches) between Folkestone (UK) and Calais
(France). Since 31 December 2020 Eurotunnel has been developing the
smart border to ensure that the Tunnel remains the fastest, most
reliable, easiest and most environmentally friendly way to cross
the Channel. Since it opened in 1994, almost 490 million people and
101 million vehicles have travelled through the Channel Tunnel.
This unique land link, which carries 25% of trade between the
Continent and the UK, has become a vital link, reinforced by the
ElecLink electricity interconnector installed in the Tunnel, which
helps to balance the energy needs between France and the UK.
Getlink completes its sustainable mobility services with its rail
freight subsidiary Europorte. Committed to "low-carbon" services
that control their impact on the environment (through its
activities, the Group avoids the equivalent of 1.4 million tonnes
of CO2 per year), Getlink has made the place of people, nature and
territories a central concern.
https://www.getlinkgroup.com
View source
version on businesswire.com: https://www.businesswire.com/news/home/20231214193599/en/
Press : Anne-Sophie de
Faucigny: 06 46.01.52.86 as.defaucigny@getlinkgroup.com Isabelle
Tourancheau: 07 51 62 61 63
Isabelle.tourancheau@getlinkgroup.com
Analyst and investor :
Virginie Rousseau: 06.77.41.03.39
virginie.rousseau@getlinkgroup.com
Getnet Adquirencia e Ser... (NASDAQ:GET)
Historical Stock Chart
From May 2024 to Jun 2024
Getnet Adquirencia e Ser... (NASDAQ:GET)
Historical Stock Chart
From Jun 2023 to Jun 2024