Is Eurotunnel profitable?

Eurotunnel is now highly profitable, after a difficult start when it was held down by massive debts from the tunnel construction. Debt restructuring in 2007 reversed the company's fortunes — at the expense of thousands of small shareholders who saw their holdings slashed in value.



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Financing Eurotunnel. Eurotunnel is the largest privately- financed infrastructure in history by a long way. In what it has achieved it has been a stunning success—in its current financial situation it is obviously also a failure at this stage if measured by return on investment.

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Eurotunnel is now highly profitable, after a difficult start when it was held down by massive debts from the tunnel construction. Debt restructuring in 2007 reversed the company's fortunes — at the expense of thousands of small shareholders who saw their holdings slashed in value.

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The group has debts of more than £6 billion and media reports suggest directors are keen on offering a debt-for-equity swap for as much as £2bn of the debt, UK national newspapers reported this week.

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Eurotunnel is now highly profitable, after a difficult start when it was held down by massive debts from the tunnel construction. Debt restructuring in 2007 reversed the company's fortunes — at the expense of thousands of small shareholders who saw their holdings slashed in value.

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For a few worrying months, with lockdowns in places and travel quarantines required for most, the high-speed train service was operating a single service a day to Paris and Brussels from London, provided mainly for key workers. In 2019, the last “normal” year of travel, Eurostar recorded a healthy £62.4m profit.

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The cost of flights and car hire has significantly increased since the pandemic, making Eurotunnel a much cheaper way to travel to Europe, particularly for groups and families. If you have multiple people in your car it's likely to work out cheaper than flights.

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No - we do not oversell any of our departures.

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Unless, of course, there's been even a single, small, partial collapse anywhere below water; such a failure would allow effecively (relative to the ability of pre-industrial equipment to deal with it) unlimited water to flow in as water is removed, rendering the tunnel permanently closed.

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The Channel Tunnel (French: Tunnel sous la Manche), also known as the Chunnel, is a 50.46-kilometre (31.35 mi) underwater railway tunnel that connects Folkestone (Kent, England) with Coquelles (Pas-de-Calais, France) beneath the English Channel at the Strait of Dover.

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Can I drive my car through the Channel Tunnel? It is not possible to drive a car or motorcycle through the Channel Tunnel. Instead, motorists must drive onto the Eurotunnel Le Shuttle train, which boards at the Channel Tunnel terminals in Folkestone and Calais.

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Monopoly tunnel Eurostar has been the sole operator of passenger services on the line since its opening in the early 1990s, with these running between London and various destinations in Europe, including Paris.

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