Connect with us

Hi, what are you looking for?

Right Decision NowRight Decision Now

Business

Virgin orders 12 new Alstom trains in bid to challenge Eurostar from 2030

Virgin Train

Virgin Trains has agreed a deal with French manufacturer Alstom for 12 new high-speed trains as part of its plan to compete with Eurostar on cross-Channel routes from 2030.

The company’s submission to the Office of Rail and Road (ORR) confirms it has secured binding exclusivity for the Avelia Stream model — the latest generation of the Pendolino tilting trains that Virgin introduced to the UK’s West Coast Main Line two decades ago. Similar trains are already in service in Sweden and Italy.

Virgin’s proposal outlines services from London St Pancras to Paris, Brussels, and Amsterdam, with longer-term ambitions to extend further into France, Germany, and Switzerland. The venture will be led by Phil Whittingham, former boss of Virgin Trains UK.

The company says it is the only current applicant with both funding and trains secured. The plan requires around £700 million in capital, with a structure involving a 50% Virgin stake and two undisclosed institutional shareholders. Virgin envisages separate operating and rolling stock asset-holding companies.

Competition to enter the market is mounting, with the ORR also considering applications from Trenitalia, Italy’s state-owned railway, and UK start-up Gemini.

Writing in The Times, Virgin founder Sir Richard Branson said his aim was to inject competition and improve the passenger experience:

“For too long, passengers have had no choice and even less joy. We’re not here to copy. We’re here to raise standards, spark innovation and give people a better way to travel.”

If approved, Virgin’s services would mark the first significant challenge to Eurostar’s dominance of the Channel Tunnel passenger market since it began operating in 1994.

Read more:
Virgin orders 12 new Alstom trains in bid to challenge Eurostar from 2030

    You May Also Like

    Stocks

    The market sell-off continued in earnest after a brief respite on Friday. Uncertainty of geopolitical tensions and tariff talk has spooked the market and...

    World News

    SEOUL – South Korea’s Constitutional Court will begin on Monday reviewing the impeachment of President Yoon Suk Yeol over his Dec. 3 martial law attempt, while investigators said...

    World News

    WASHINGTON – Federal workers faced fresh uncertainty about their futures on Tuesday after Elon Musk gave them “another chance” to respond to his ultimatum that they...

    World News

    BRASILIA – Brazil Prosecutor General Paulo Gonet decided not to charge former President Jair Bolsonaro with fraud in his vaccination records, asking the Supreme Court to...

    Disclaimer: rightdecisionnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 rightdecisionnow.com | All Rights Reserved