No-frills airlines flying high - TravelMole


No-frills airlines flying high

Tuesday, 11 Jun, 2002 0

Go and easyJet have followed Ryanair by reporting massive jumps in passenger numbers.

Go’s passenger numbers leaped by 89% during May compared to the same month a year earlier to 531,160 compared to 280, 975 during the same period in 2001. It also improved its load factor – increasing from 65.2% in May 2001 to 75.9% last month.

Meanwhile easyJet – which is to take over Go to form Europe’s biggest budget airline – reported a 43% increase in passenger numbers to 898,080.

Yesterday Ryanair reported a 44% increase in annual profits and revealed that its passenger numbers are up 38% on a year ago. In stark contrast BA has announced that its passengers were down 10.2% in May.

See our previous stories:
16 May 2002: EasyJet buys Go for GBP 374 million
8-May-2002: EasyJet takes option to buy BA’s German airline
7-May-2002: No-frills consolidation is ‘inevitable’ says analyst
18 Apr 2002: EasyJet chairman to resign
19-Feb-2002 Report says BA was wrong to sell Go



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