The Channel Tunnel's operational model doesn't really allow it to capture market share though does it?As the Channel Tunnel has demonstrated, a rail only tunnel is almost useless.
I am almost certian that given recent advances in technology, the bridge solution offers a superior BCR to the tunnel solution.
Eurostar's operations are constrained by:
- All of the disadvantages of security and passport control that airlines face, and the subsequent check-in 'fever'
- No through services at all in the UK, and very, very slow expansion of through services in the Schengen area as result of the juxtaposed controls. Still nothing to Koln and no plans for it, despite it being both within economic journey time and also moving a huge number of new cities to one change from London
- The excessive costs created by Tunnel's financial model which penalises an additional passenger getting a ticket at a cheap rate
- An appalling lack of combined-rail ticket retail at both ends (although NRCoT with tickets to London International doesn't give such bad rights as the Continental split does, you still have to know about that)
- Actually quite slow journey times and quite a thin timetable until 2007, and still not that many trains even now (no late evening services and no early morning service to Brussels)
- General business decisions to provide a high-cost high-price service as a route to profitability (likely the right choice), and not to pursue anything at the lower end of the market. Le Shuttle do this too: Valentine's Day weekend saw them charging car fares in excess of £200 single. Profit is an economic cost that both firms must pay to continue trading
Put another way: Eurostar and Getlink are out for short run profit maximisation. And who can blame them? They aren't out to make the most tunnel-wards shift that's possible.
None of those economic constraints need to apply to a UK Domestic service between, say, Belfast and Glasgow - as long as the UK government were keen to ensure that they didn't. Government is quite at liberty to contract its rail operators to achieve maximum market share rather than maximum returns. They will dutifully do as they're told if that's the spec.
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