Deutsche Bahn is considering running trains to London ahead of the Olympic Games in 2012. The news comes as the German rail operator begins a series of safety tests designed to break the French monopoly on the rolling stock used in the Channel Tunnel.
Train manufacturer Alstom has criticised a Eurostar decision to purchase trains from rival Siemens, suggesting safety in the Channel Tunnel could be jeopardized. Eurostar yesterday confirmed it would invest £700 million in ten new e320 trains, which can carry 900 passengers at speeds of 200 mph.
Eurostar has unveiled a £700 million investment programme to overhaul its aging rolling stock. The Channel Tunnel rail operator – which offers services between London, Paris and Brussels – confirmed the plans will see the company purchase ten new trainsets from German manufacturer Siemens as well as upgrading its existing fleet.
German railway operator Deutsche Bahn has confirmed it will test its high-speed ICE-3 train in the Channel Tunnel as it considers expanding its European services. Scheduled for October, the test will allow the company to explore the possibility of establishing a link between the financial centres of London and Frankfurt.
Four new market realities: permanent change is becoming the order of the day in planning
Deutsche Bahn is to buy UK train and bus operator Arriva for £1.59bn in a deal that will create one of Europe’s largest transport groups. The move comes as part of the German group’s plans to expand beyond its domestic market, as well as a shift towards consolidation within European transport.
Shares in travel operator Arriva raced this morning, following a takeover approach from rival European firm Deutsche Bahn. Arriva saw its value rocket by as much as 14 per cent on the FTSE 250 this morning, following modest gains yesterday as the company confirmed it had received an “unsolicited approach from a third party”.
Five years after the collapse of Project Jupiter, another attempt has begun to transform Eurostar from an unincorporated tri-national partnership into a single coherent entity. The operator confirmed last month that negotiations were underway to position the business ready for the introduction of competition in the international passenger sector from January 1 2010.