Italiane Group to Challenge Eurostar Monopoly with High-Speed Channel Tunnel Service by 2029
The Italian rail operator commits €1bn investment and partners with Evolyn to introduce competition and expand European rail connectivity.
- FS Italiane Group has announced plans to launch a high-speed rail service through the Channel Tunnel between London and Paris by 2029.
- The initiative is supported by a €1bn investment and a memorandum of understanding with Spanish start-up Evolyn, with potential route extensions to Milan and Marseille under consideration.
- Regulatory changes, including access to maintenance capacity at Eurostar’s Temple Mills depot and discounted infrastructure charges from London St Pancras Highspeed, are enabling new competition.
- Eurostar, which has held a monopoly on Channel Tunnel passenger services since 1994, faces increasing competition from FS Italiane Group, Virgin Group, Gemini, and Evolyn.
- The move is expected to enhance customer choice, lower fares, and promote sustainable travel as high-speed rail gains traction as an alternative to air travel.