Virgin has been given the green light to launch a rival international train service through the Channel Tunnel, providing competition on the route for the first time since it opened in 1994.
The regulator, the Office of Rail and Road, has confirmed Virgin can move ahead with its plans to use the Temple Mills International rail depot in East London.
Virgin had already agreed to buy 12 trains from Alstom if it won the contract and it aims to start running services from 2030.
Last week Eurostar announced it would order Alstom Avelia Horizon double-decker trains which would arrive from 2030.
Evolyn, Gemini Trains and Trenitalia, were unsuccessful in their applications to the regulator to operate the service.
The ORR said: “Overall, Virgin Trains’ plans were more financially and operationally robust than those of other applicants, and it provided clear evidence of investor backing and an agreement in principle to deliver the necessary and appropriate rolling stock.”
Sir Richard Branson said: “Today is an exciting day. It’s one we’ve been holding our breath on for quite some time.
“This is a crucial step that puts us on track (mind the pun) to introduce competition through the Channel Tunnel.
“Our ambition is to connect London St Pancras International with Paris, Brussels, and Amsterdam by 2030, with plans to expand even further across Europe.
“It’s time to end this 30-year monopoly and bring some Virgin magic to the cross-Channel route. I’ve always believed competition drives innovation, and that’s exactly what we will bring to the Channel Tunnel. This is what we do best. Just as we’ve challenged incumbents in the air, on the seas, and just as we’ve led the UK rail market before – we’re ready to do it all over again.
“We’re also really excited to be working with Alstom [which built Virgin Trains pendolinos] again to soon place an order for 12 state-of-the-art Avelia Stream trains.
“These stunning, energy-efficient trains will deliver a modern, comfortable, and unmistakably Virgin travel experience.
“It’s early days, but the tracks are being laid for something transformative.”
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