I was traveling this week with both, an Airbus from Lufthansa and high-speed trains from Siemens.
Not for short to medium distances they're not. Everything under 3-4 hours of train is faster, more comfortable and with much less hassle than flying (going to an airport, security checks, uncomfortable seating, interruptions for take off and landing, long queueing).
Sure if you think its a good idea to blow lots of carbon in the air and a punch of emissions with led all over the continent.
Trains absolutely make sense in the waste majority cases in Europe.
And having high speed dedicated lanes also has the additional benefit of removing capacity from older lines and allowing more regional and more cargo.
Building trains, both conventional and high speed is a huge win.
P.S:
The current lead in terms of electric viable plains I would say is Heart Aerospace from Sweden.
They will be an even better solution when we have small electric jets, especially for inter-European flights.
Do you think the first practical electric jet will come from a subsidized EU development plan -- or from a VP funded US company?