June 4, 2004 at 4:22 pm
Apparently a newspaper released these findings today regarding soaring fuel prices and Locos and the doubts that their success can continue, in fact that their ‘bubble has burst’.
Here are some statistics about some European LCC
Airline: key route / number of planes / passengers per year / profit or loss / chance of survival
Ryanair:London to Dublin / 72 / 23m / +£152m / 95%
Easyjet:London to Nice / 84 / 21.8m / +£96m / 90%
FlyBE: Birmingham to Jersey / 31 / 4m / +£31m / 20%
BmiBaby: Nottingham to Alicante / 13 / 3m / -£9.8m / 40%
MyTravelLite: Birmingam to Knock / 2 / 1m / -£149.6m (incl MyTravel) /30%
Germanwings: London to Cologne / 5 / 2.4m / N/A /50%
Air Berlin: London to Berlin / 42 / 9.6m / N/A / 80%
Basiq Air:London to Rotterdam / 24 / 4.2m / +£15m / 50%
Wizz Air: London to Katowice / 6 / 3m / N/A / 60%
Volare: London to Cagliari / 8 / 3.5m / -£29m / 40%
To me that is bull, how BE only has a 20% chance of survival I don’t know! They made a small profit! I’m highly scepticle on how they based their research. Look at MYTs losses and still they stand a better chance of surving than Flybe, BMIBaby are twice as likely to survive! 😮
Going by that it’s as if Flybe are the Loco in the worst situation in Europe at the moment. I disagree.
By: bmi-star - 4th June 2004 at 16:34
v interesting!