Eurostar, bolstered by robust financial performance in 2023 and successful debt refinancing, is embarking on a significant expansion plan to cater to the growing demand for eco-friendly travel options. The company intends to acquire up to 50 new trains, increasing its fleet capacity by 30%. This move aligns with Eurostar’s vision of accommodating an estimated 30 million passengers annually by 2030, demonstrating a clear commitment to future growth and sustainability.
The addition of new trains will complement Eurostar’s current fleet of 17 e320s. While specific design details of the new trains remain confidential, Eurostar promises they will set new standards in customer comfort and experience. The rollout of these new trains is anticipated to commence in the early 2030s.
This strategic expansion follows a year of remarkable growth for Eurostar in 2023, with notable performance on routes such as London-Amsterdam (38% increase), London-Brussels (33% increase), and London-Paris (25% increase). Currently, Eurostar’s fleet comprises various models, including e320s and e300s, serving cross-channel routes, while PBKAs and PBAs handle continental routes.
The expansion is supported by Eurostar’s 2022 financial consolidation, the first audited by statutory auditors since the formation of the Eurostar Group. These figures attest to the company’s financial stability and investment readiness, signaling confidence in its long-term growth trajectory.
As Eurostar continues to operate across five countries (UK, Belgium, France, the Netherlands, and Germany), this investment reinforces its position as a cornerstone of sustainable travel in Europe. By 2030, Eurostar aims to not only increase passenger capacity but also extend its reach as the largest international high-speed rail network in Western Europe, spanning 28 destinations. This strategic fleet expansion serves as a pivotal step in Eurostar’s journey towards becoming an even more integral part of European travel infrastructure.
