Originally Posted by
EI-EIDW
Q3 loss of 20m, blames excess capacity.
Bearing in mind the issues with airlines everywhere I think this is part of the issue. Making €1 Billion is year is not to be sneezed at.
Fares dropping 6% is roughly €2 a head, x 33 Million Pax it wipes out loss. Balance is between getting bums on seats and empty aircraft and they are doing the bums on seats bit.