Getlink Welcomes Evolyn Announcement of New High-speed Rail Service via the Channel Tunnel to Link London and Continental Europe
October 11 2023 - 12:30PM
Business Wire
Regulatory News:
GETLINK SE (Paris:GET):
The announcement by Evolyn confirms the growth potential of the
cross-Channel passenger rail market, as well as the attractiveness
and quality of the Channel Tunnel infrastructure.
The Tunnel and the rail networks that connect to it are designed
to carry more than 20 million high-speed passengers across the
Channel each year, almost double the current level.
Getlink, through its wholly-owned subsidiary Eurotunnel, is the
manager of the Channel Tunnel infrastructure. The Tunnel operates
on an open access basis, meaning that any rail operator can use it
to travel between the British and European networks, guaranteeing
them an equal right of access. This right is defined by the RUC
(Railway Usage Contract) and is updated each year in the Network
statement, the reference document for the use of the Fixed
Link.
This model provides a favourable framework for the development
of new low-carbon mobility offers and encourages an increase in the
modal share of rail.
Yann Leriche, Chief Executive of Getlink, said: "The
announcement by Evolyn confirms the economic and technical
attractiveness of the conditions for access to Eurotunnel's
infrastructure, as well as the huge potential for growth in
high-speed rail traffic through the Channel Tunnel.”
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About Getlink
Getlink SE (Euronext Paris: GET), through its subsidiary
Eurotunnel, is the concession holder until 2086 for the Channel
Tunnel infrastructure 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
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version on businesswire.com: https://www.businesswire.com/news/home/20231011349650/en/
Press contacts : Anne-Sophie
de Faucigny: 06 46.01.52.86 as.defaucigny@getlinkgroup.com
Isabelle Tourancheau: isabelle.tourancheau@getlinkgroup.com
Analyst and investor contacts
: Virginie Rousseau: 06.77.41.03.39
virginie.rousseau@getlinkgroup.com
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