I am a regular on EZY and have watched the expansion with concern from a different direction.
Is he expanding too fast?
It is, I suggest, very strange for a low cost airline to buy new out-of-the-box machines. I would expect the NG machines to have lower operating costs but buying something like 20(?) of them?? Obviously, it may be that the second hand market for 737 -300, -400 may not be that much better than brand new.
If he is trying to head off other operators from expanding by nailing the routes first - he will need some very good financial managers. If the economy turns down, then he might lose the lot, rather than just a few routes.
I hope not.
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A window seat on the sunny side of the aircraft, please!