Channel Tunnel profits plunge as impact of pandemic and Brexit hits
CGTN Europe • 1m 41s
Channel Tunnel owner Getlink made a $137 million loss during 2020 with the COVID-19 pandemic hitting the travel industry hard.
Getlink, which changed its name from Eurotunnel in 2017, posted profits down 67 percent during the 2020 financial year, compared with 2019.
It has been shaken by the COVID-19 travel restrictions that severely disrupted international traffic during 2020 and there are plenty more bumps ahead now Britain's divorce from the EU has been finalized.
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