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Friday, May 3, 2024

Thalys restructuring approved by European Commission

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SNCF and SNCB have received approval from the European Commission (EC) to proceed with plans to create a stand-alone management team to operate cross-border Thalys services.

The national rail operators of France and the Netherlands approved plans to restructure Thalys, which operates high-speed rail services between Paris, Brussels, Amsterdam and Cologne, in 2013 after Deutsche Bahn (DB) sold its minority stake in the jointly-operated rail service.

The stand-alone joint venture will be established in 2015 following this announcement from the EC, which felt the move was likely to only have a ‘limited’ impact on competition in the sector.

In the first half of 2014, Thalys recorded a 3.4 per cent rise in passenger numbers.

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