Both FR and EZY have had issues with fleet over the last few years, so despite the reallocation of aircraft to yield higher returns for shareholders, why is EZY failing to deliver real, "organic" growth, which FR seems to be pulling off quite nicely??
Latest available results show a 5% increase in aircraft, a 2.2% increase in utilisation leading to a 6.8% increase in seats flown. From which, a 9% increase in seat revenue and a 9.4% increase in passengers.
A growth rate in passenger numbers that is nearly double the growth rate in aircraft is the very definition of organic growth, no ?