France's SNCF wants to merge Eurostar and Thalys services By David Flynn, September 30 2019. Eurostar-Thalys merger would create massive high-speed rail system. Eurostar and Thalys could combine to form high-speed train network in response to climate change . It is still unclear when the merger of Thalys and Eurostar will take place. Eurostar-Thalys merger proposal revealed - International Railway Journal. The proposal, labelled "Green Speed," was announced Friday. The combination would be based on the strong conviction that, now more than ever, the train is the safest, most sustainable, fastest and most efficient solution for . The title of this post is the same as that of this article on Railway Gazette.. Guillaume Pepy, Chairman of SNCF, said: This is an exciting development for our customers as it will enable us to offer you a . . Eurostar to launch contactless fast-track service from St ... Eurostar and Thalys to merge in 2021 - Travel Tomorrow The post-merger business will operate from Brussels but UK-bound services will be overseen by an . Thalys has confirmed the news. Report: Eurostar and Thalys to merge in 2021 | Business ... Thalys-Eurostar merger planned under Green Speed initiative. The planned merger would also enable 'seamless' services with one single ticket between the countries and cities on the Thalys and Eurostar networks, increasing for options for skiers to Ski Flight Free in the Alps. Thalys (French: ) is a French-Belgian high-speed train operator originally built around the LGV Nord high-speed line between Paris and Brussels.This track is shared with Eurostar trains that go from Paris, Brussels or Amsterdam to London via Lille and the Channel Tunnel and with French domestic TGV trains. The two operators, outlining their plans in combination with private equity companies, said combining Eurostar and Thalys would help boost passenger numbers from 18.5 million annually to 30 million by 2030. Learn more. Eurostar and Thalys will merge in 2021. Europe Rail News: 14 October 2021 - by James Clark For more information please contact: Eurostar Press Office t: +44 (0) 20 7843 5500 e: press.office@eurostar.com Notes to editors 1. The main highlights are: The Thalys brand […] Eurostar Thalys merger? | RailUK Forums With the merger, there must also be a single ticket system that makes it easier for travelers to book their journeys. The stakeholders of Eurostar and Thalys, among who is the Belgian railway company NMBS/SNCB, are looking to bring the two operators together. Yesterday France's Les Echos newspaper broke the news that both operators want to revive their "Green Speed" project. Eurostar-Thalys merger would create massive high-speed ... Eurostar, Thalys merger floated to create high-speed rail giant. The 'Green Speed' Eurostar - Thalys merger project is back on track. Thalys currently uses two ex-Eurostar class 373 trains (half-sets 373213 and 373224) to provide Thalys' no frills service IZY, between Paris and Brussels. Linklaters has acted on financing deals for railway companies Eurostar and Thalys. Judging by the comments made by Eurostar's CEO Jacques Damas in an interview with Belgian media the firm's . per year on the combined Eurostar and Thalys networks, both current and future, from 18.5 million passengers today to nearly 30 million by 2030, providing a response to the growing demand for environmentally-responsible travel. The stakeholders of Eurostar and Thalys, among who is the Belgian railway company NMBS/SNCB, are looking to bring the two operators together. The project has been called "Greenspeed". "Thalys and Eurostar joining forces would come at the right time and could only be beneficial to all travellers. Channel Tunnel rail giant's tie-up with Thalys, delayed by the pandemic, means it will be able to run between more EU cities . High-speed rail operators Eurostar and Thalys plan to merge and create a single network dubbed Green Speed, spanning five countries and . The plan would need the green light from EU competition officials. To reduce greenhouse gas emissions, Germany will swap planes for trains on domestic routes Thalys is a type of TGV that operates on the route between Paris, Brussels, Amsterdam, Koln, and a few other destinations. The Green Speed project would bring the two businesses together, operating across five countries - France, the UK, Belgium, the Netherlands and Germany. Eurostar and Thalys to merge in 2021. This is the first paragraph. Eurostar brand to be retained in Thalys merger. The French SNCF, the largest shareholder of both Thalys and Eurostar, announced a merger at the end of 2019. Cross-channel services will continue to be overseen from a . The merger was proposed by French state railway operator SNCF last year as a way to provide passengers with a more connected and environmentally friendly journey across the two companies' networks, which are spread between the UK . Thalys brand to disappear in merger with Eurostar (RailTech) Long Branch Mike. 11 October 2021. Deutsche Bahn unveils fully autonomous train in Hamburg. French rail operator SNCF wants to merge Eurostar, which operates high-speed trains to London, and the Thalys service that takes passengers from France to Belgium, the Netherlands and Germany, its chief executive said on Friday. Like other rail companies, Thalys is recording a recovery in its leisure and business traffic." The occupancy rate has returned to the same level or even higher than 2019 but the transport plan is only 78%", confides Bruno Dierickx, the marketing and sales director.On the business side, employees of SMEs, start-ups, freelancers and lobbying firms operating in Brussels are back on the trains. SNCF and SNCB already hold a controlling shareholding in Eurostar. Costs will . CEO of SNCB and chairman of Thalys, added that the merger is based on the conviction that . Yesterday France's Les Echos newspaper broke the news that both operators want to revive their "Green Speed" project. Eurostar, the operator of trains running between Paris, London, Amsterdam and Brussels, took advice from the Magic Circle firm on a GBP 250 million refinancing, involving the securing of additional loans and cash from a group of banks. Upon completion of the merger, all Thalys services will be renamed Eurostar. The headquarters will be located in Brussels and the Thalys brand will disappear. Paywall so full article: IRJ on the Connecting Europe Express: The planned "Green Speed" merger of Eurostar and Thalys has taken a step forward with confirmation that the Eurostar brand will be retained, while the holding company of the new business will be based in Brussels. Paris to Pyrenees night train to start for 2021 winter ski season. The merger between Thalys and Eurostar has been relaunched. 16 Sep 2020 by Alex McWhirter. The headquarters of the future entity will be established in Brussels and, in time, the Thalys brand will disappear, reports French newspaper Les Echos. The planned merger of Eurostar and Thalys should happen in 2021 if plans are agreed by shareholders. The aim of this merger is to eventually . SNCF is the largest shareholder in both Thalys and Eurostar. It is majority-owned by France's rail authority (SNCF) and 5% owned by Belgian Rail (SNCB). Thalys. This website uses cookies to ensure you get the best experience on our website. Eurostar willl maintain brand name post Thalys merger Subscribe Subscribe to the City A.M. newsletter to have our top stories delivered directly to your inbox. Thalys, with . 6 Dec 2021 by Alex McWhirter. The planned merger with Eurostar, the high-speed train between Amsterdam and London, is being delayed. 'Merger Eurostar and Thalys leads to more expensive train ticket' "A merger between Eurostar and Thalys will give the combined company a monopoly position on the railways. Thalys & Eurostar propose merger in name of 'Green Speed' project. Find the latest contacts for this supplier. 11 October 2021. Thalys also serves Amsterdam (via the HSL-Zuid) and Cologne. The merger would make way for new direct routes to Europe from London's St Pancras Station, and make it convenient to take the train instead of flying. In an interview with l'Echo, Jacques Damas, the CEO of Eurostar said thatif the European Commission gives the green light to the merger of Eurostar and Thalys (expected to be in the first half of 2022), then a holding company will be established in Belgium, with Eurostar and Thalys subsidiaries retaining their exisiting governance. Eurostar Chief Executive Mike Copper, speaking in Paris on November 14 to mark the 25 th anniversary of the cross-Channel operator, participated in a meeting the following day in the French capital to look at what the offer would be should the two operators join forces, and what the combined . Eurostar considers merger with European rail operator Thalys. The merger is being . Since June, the committee had requested information on the impacts of the Covid-19 pandemic crisis on SNCF's subsidiaries, Thalys and Eurostar but also about the prospect of merging the two companies, the "Greenspeed" project. The main highlights are: High-speed train operators Eurostar and Thalys are resuming plans to merge. Together, they run 112 trains every day serving together more than 18,5 million passengers annualy. Gosselin stated earlier that both carriers must first get their financing in order. This consolidation was sought by both companies as they saw a substantial passenger drop due to the Covid-19 . Eurostar operates 12 Class 373 TGVs (referred to as e300) and 17 Class 374 Velaros (e320). 5 October 2021. EUROPE: European high speed operators Eurostar and Thalys confirmed on October 4 that their planned merger announced in September 2019 is on course to be completed 'within two to three years', with a formal submission to the European Commission's competition authority expected in 2022. High-speed train companies Thalys and Eurostar move forward with their 2019 merge plans, expected to be complete within two to three years. The 'Green Speed' Eurostar - Thalys merger project is back on track. The project, named "Green-Speed", would allow for the train provider to launch new routes from the UK to at least eight new cities for the first time, including Germany. Eurostar-Thalys rail merger proceeds, challenges European air routes Premium Analysis With all the problems the air transport industry has at present, and those it will face again from the environmental lobby, it does not need any more. Eurostar, which has been . Alliance Eurostar - Thalys: the message from our CEO. The headquarters will be located in Brussels and the Thalys brand will disappear. High-speed train operators Thalys and Eurostar are working on a merger, which will eventually see the brand name Thalys disappear. There are some more differences between Thalys and TGV that will be brought up in this article. SNCF, SNCB and the Patina Rail investment vehicle announced on September 27 their intention to combine the Eurostar and Thalys high speed rail operations, reporting that outline proposals were being presented to their . Merger with Eurostar. The national committees were in the process of consultation without including the European works council which, under . SNCF. Eurostar International. Eurostar and Thalys join forces. The French SNCF - which is the largest shareholder of both carriers - announced the merger at the end of 2019. Eurostar brand kept in merger with Thalys (IntlRailJournal) Long Branch Mike. 2 Mins read. As you may be aware, the shareholders of Eurostar have today announced their ambition to bring together Eurostar and Thalys, the French-Belgian high speed rail operator, to create one unified European high speed rail company. French National Railways (SNCF), Belgian National Railways (SNCB) and Patina Rail (a consortium of Caisse de dépôt et placement du Québec and Hermes Infrastructure) announced the plans to combine Thalys and Eurostar under the Green Speed project. As a result, the prices of the train tickets will increase", says Arriën Kruyt of the European Passengers'. The planned merger would also enable "seamless and efficient services with one single ticket between the countries and cities on the Thalys and Eurostar networks", offering an alternative to . Train companies Eurostar and Thalys could combine to form a single operator covering five countries under plans laid out today by French and Belgian state railways. Together, the two companies operate 122 trains a day serving 18.5 million passengers annually across a catchment of some 245 million . be the only one retained with a priori a marketing division between Eurostar Blue for the current Eurostar network and Eurostar Red regrouping the Thalys lines taking into account the differences of these two networks and the product on board. It is unclear when the merger will still be a fact. Eurostar has also been hit hard by the . The high-speed train companies Eurostar and Thalys are resuming their merger project, delayed by the coronavirus crisis. By merging the two companies, passengers can enjoy an easier high-speed train journey in northern Europe. Eurostar and Thalys join forces. French business newspaper Les Echos broke the news the two high speed train brands will indeed merge. Train companies Eurostar and Thalys could combine to form a single operator covering five countries under plans laid out today by French and Belgian state railways. The Eurostar and Thalys merger project was first revealed in September 2019. So by merging . Thalys and Eurostar operate already across five countries - France, United Kingdom, Belgium, the Netherlands and Germany - with an approximative population of nearly 245 million. With the refinancing in place, Eurostar will have the opportunity to recover and successfully complete its merger with Thalys, as part of the Green Speed project. But the merger was later abandoned owing to the pandemic.. An ambition behind the proposed merger of Thalys and Eurostar is to increase the number of travelers. In 2019 the shareholders of Eurostar announced the launch of the Green Speed project and their ambition to bring together Eurostar and Thalys, the French-Belgian high speed rail . Interesting observation regarding the Thalys/Eurostar merger: In 2019 Thalys carried 11 million passengers with a fleet of 26 200m trains and Eurostar 7.5 million passengers with a fleet of 28 375m trains. Eurostar rekindles Continental merger as it increases rail services. Two Thalys sets combined have roughly the same capacity as one Eurostar set, so in essence the Eurostar fleet has twice the passenger . City and finance coronavirus Covid-19 Destinations Europe Eurostar Operators Operators; . That was actually supposed to be completed this year, but the corona pandemic cuts off those plans. Eurostar and Thalys revive merger plans. "The project to combine both companies will have to be worked out in the coming months," said Bart Crols, the SNCB spokesperson, in VRT NWS. SAINT-DENIS, France — France's state-owned rail company, SNCF, and its Belgium counterpart, SNCB, have proposed a merger of the Eurostar and Thalys high speed rail companies to create one operator that would serve five countries. Germany. Bouncing back from halted merger plans due to the coronavirus pandemic, the French-Belgian railway company Thalys and the London based high-speed train company Eurostar are going forward with submitting a finalized proposal by their shareholders to the . International high-speed railway services Thalys and Eurostar will merge in 2021, CEO Bertrand Gosselin confirmed to French newspaper Le Figaro. The planned "Green Speed" merger of Eurostar and Thalys has taken a step forward with confirmation that the Eurostar brand will be retained. Eurostar-Thalys merger proposed September 30, 2019. Rail companies Thalys and Eurostar could merge to form a single high-speed rail giant that runs across five countries under plans laid out today by Belgian and French state railway operators SNCB and SNCF. Eurostar plans merger with European rail operator Thalys. That ambition remains, although it will probably take two or three years longer to fulfill it. The headquarters of the future entity will be established in Brussels and, in time, the Thalys brand will disappear, reports French newspaper Les Echos. It would combine railway expertise with stable shareholders. Both Thalys and Eurostar saw a drastic passenger . But the merger was later abandoned owing to the pandemic. Last year we reported that the two European high-speed HS operators Eurostar and Thalys were set to merge in 2021. But the merger was later abandoned owing to the pandemic. The high-speed train companies Eurostar and Thalys are resuming their merger project, delayed by the coronavirus crisis. The current merger may be to facilitate pathways (which they currently compete for) on the high speed lines, platform access, and to make connections between Eurostar & Thalys easier. During September 2020, the merger between Thalys and Eurostar International was confirmed [11], a year after Thalys announced its intention to merge with the cross-Channel provider subject to gaining European Commission clearance, to form "Green Speed". Thalys brand to disappear in merger with Eurostar. Eurostar is a majority (55%)-French owned firm ( SNCF , the state rail operator) but headquartered in London, while Thalys is a Franco-Belgian high-speed train operator which is 60% owned by SNCF and 40% by . IRJ on the Connecting Europe Express: The planned "Green Speed" merger of Eurostar and Thalys has taken a step forward with confirmation that the Eurostar brand will be retained, while the holding company of the new business will be based in Brussels. The merged company will be based in Belgium and the Thalys brand will eventually disappear. 2. Thalys-Eurostar Merger Planned Under Green Speed Initiative. In September 2020, the merger between Thalys and Eurostar International was confirmed, [50] a year after Thalys announced its intention to merge with the cross-Channel provider subject to . The high-speed train companies Eurostar and Thalys are resuming their merger project, delayed by the coronavirus crisis. However, it would further reduce competition in the high-speed rail market in northwest Europe. The refinancing will also allow Eurostar to complete its merger with French-Belgian train operator Thalys. The services at present run 112 trains daily on routes between the U.K., France, Belgium, the Netherlands and Germany.
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