Getlink first-quarter revenue jumps almost 50% as travel picks up

div classBodysc17zpet90 cdBBJodivpReuters – The operator of the Channel Tunnel Getlink posted a rise of almost 50 in firstquarter revenue on Thursday, as travel in Europe gradually recovers from the pandemic.p

p“The strong rebound in passenger traffic and the levels reached over the Easter holidays show that our customers are keen to resume their travels”, Chief Executive Officer Yann Leriche said in a statement.pdivdivdiv classBodysc17zpet90 cdBBJodiv

pGetlink said that the first quarter of 2022 was marked by strong organic growth and high booking levels for the summer period.p

pThe companys JanuaryMarch revenue rose 46 to 227.8 million euros 247.03 million, as revenue generated from shuttle services and railway network grew 55 and 57, respectively.p

pThe traffic under the Channel has been recovering due to a gradual lifting of travel curbs, with passenger traffic jumping 154 yearonyear in JanuaryMarch, and truck traffic rising 23.p

pEurostar, one of Getlinks main clients operating trains between France, Britain, Belgium, and the Netherlands, saw a 1,032 rise in crossChannel traffic in the first quarter, Getlink said.p

pHowever, the crossChannel rail freight saw a 15 reduction in the number of trains due to the disruption of international supply chains.p

p1 0.9222 eurosp