But didn't Easy carry more passengers in Europe last year than BA? What's the profit per manager at BA compared to Easy / Ryan?
It's difficult to make like for like comparisons because BA is not just a shorthaul airline - but I'd guess that they're still being punished by the LoCo's. Easy loadfactor 87%.
Easy's share price is way down - that's a fact (oversold in my opinion and a good buying opportunity!). It still looks like they're going to announce £60 million profit this year despite being in a vicious price war with Ryan and other start ups. This price war is going to continue for sometime (18 months?) but I imagine that Easy is well placed to survive and if it does then it will be in an incredibly strong position to become, possibly, THE leading shorthaul carrier in Europe.
I don't wish ill on anyone but after BA's recent fiascos with checkin staff, and the associated national press coverage, they still have significant problems.
Fly Safe.
A4
