Passengers Suffer as Crowded Field Puts Pressure on Europe’s Airlines
- 7 years ago
Passengers Suffer as Crowded Field Puts Pressure on Europe’s Airlines
“Low-cost carriers and network carriers enjoy huge flexibility because of E. U.
membership and liberal aviation agreements,” said Andrew Lobbenberg, an analyst at HSBC.
“The low-cost airlines have got such a big presence in Europe and they stimulated markets that didn’t exist,” Mr. Wober said.
The six largest airline groups in the United States now make up about 80 percent of flights in
and out of the country, according to Jonathan Wober, chief financial analyst at CAPA Centre for Aviation, a research company.
“We had the possibility to buy new tickets on our own,
but I can’t imagine what would happen if someone had their flight canceled when he’s at the airport already or the day before.”
The falling away of poorly performing airlines can be a positive: weeding out weaker, inefficient carriers, and portending much-needed consolidation.
Ryanair had to cancel thousands of flights in recent weeks because of staffing problems, including strikes in France
that forced Ryanair and other airlines to cancel flights this week.
“Passengers have had a really good run for a long time with incredibly cheap tickets,”
said Andrew Charlton, managing director of Aviation Advocacy, a consultancy.
Monarch and Ryanair, along with rivals like easyJet, Eurowings, Jet2
and Wizz Air, brought service to well-trodden destinations like Paris or the beaches of Portugal, as well as far-flung corners of the Continent like Lappeenranta, Finland, or Varna, Bulgaria.
“Low-cost carriers and network carriers enjoy huge flexibility because of E. U.
membership and liberal aviation agreements,” said Andrew Lobbenberg, an analyst at HSBC.
“The low-cost airlines have got such a big presence in Europe and they stimulated markets that didn’t exist,” Mr. Wober said.
The six largest airline groups in the United States now make up about 80 percent of flights in
and out of the country, according to Jonathan Wober, chief financial analyst at CAPA Centre for Aviation, a research company.
“We had the possibility to buy new tickets on our own,
but I can’t imagine what would happen if someone had their flight canceled when he’s at the airport already or the day before.”
The falling away of poorly performing airlines can be a positive: weeding out weaker, inefficient carriers, and portending much-needed consolidation.
Ryanair had to cancel thousands of flights in recent weeks because of staffing problems, including strikes in France
that forced Ryanair and other airlines to cancel flights this week.
“Passengers have had a really good run for a long time with incredibly cheap tickets,”
said Andrew Charlton, managing director of Aviation Advocacy, a consultancy.
Monarch and Ryanair, along with rivals like easyJet, Eurowings, Jet2
and Wizz Air, brought service to well-trodden destinations like Paris or the beaches of Portugal, as well as far-flung corners of the Continent like Lappeenranta, Finland, or Varna, Bulgaria.