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Old 23rd Jun 2011, 10:03
  #43 (permalink)  
SVoa
 
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Agree with YYZ except for one thing.. If four a/c leave after the summer (which they wont) the airline will not be overcrewed. Lots and lots of F/O's leaving for the sandpit every single month. Most likely scenario is for the 3 wetleased aircraft from a foreign airline to leave after the summer season, and maybe the additional LHR and CDG flight to be reduced again.

Also the hub in LCA is going very well apparently. The hiring potential of this airline is very high right now.

Also dont forget that Greece is seeing a large spike in tourism right now, and generally this year, both major Greek airlines have seen a rise in load factors without lowering prices. After the summer chances are good that, many of the Greek airports will be privatised and ATH will be sold to a German company well known for lowering prices at the airports they work with. Its not ALL looking so bad.
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