Ryanair Launch Route To Ostend
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Ryanair Launch Route To Ostend
Hi,
Low-cost Irish airline Ryanair made its inaugural flight out of Ostend airport on Thursday.
One daily flight will be operating to London Stansted, north-east of London, from Ostend, offering yet further competition to rail company EuroStar, whose passenger load has been steadily decreasing since the success of the low-cost air carriers.
Source: Belgium News
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BAe 146-100
Low-cost Irish airline Ryanair made its inaugural flight out of Ostend airport on Thursday.
One daily flight will be operating to London Stansted, north-east of London, from Ostend, offering yet further competition to rail company EuroStar, whose passenger load has been steadily decreasing since the success of the low-cost air carriers.
Source: Belgium News
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BAe 146-100
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Thanks for recycling the press release but does anyone agree that a rapid descent may be imminent for several operators?
EasyJet- shares at new low
Ryan- claim 1 million free seats
bmibaby- infanticide
EasyJet- shares at new low
Ryan- claim 1 million free seats
bmibaby- infanticide
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notice,
You are correct in that all airlines are suffering at the moment. RYR couldn't give its seats away (but share price holding up well), eJ share price going steadily down with regular news that performance this half-year will be disappointing, etc.
However, the industry is all in a bad way, and despite this I would argue that the airlines you mention are the ones with the biggest cash reserves and therefore in the best position to 'weather the storm' and come out the other end!
In trim
You are correct in that all airlines are suffering at the moment. RYR couldn't give its seats away (but share price holding up well), eJ share price going steadily down with regular news that performance this half-year will be disappointing, etc.
However, the industry is all in a bad way, and despite this I would argue that the airlines you mention are the ones with the biggest cash reserves and therefore in the best position to 'weather the storm' and come out the other end!
In trim
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Depends on what you mean by 'doing' and 'well' but, obviously loads and yields are significantly down so, even with low(er) costs, these carriers are suffering. As for 'cash reserves' (and they'll definitely be burning them), just wait for the results to be announced