Low Cost Airline News - Europe

Oct 16, 2006

EasyJet

EasyJet raised its full-year profit guidance following a strong final month. The UK LCC now expects pre-tax profit growth for the fiscal year ended Sept. 30 to be slightly ahead of the forecasted 40%-50%, putting year-end earnings in the [pounds sterling]115-[pounds sterling]124 million ($216.6-$233.5 million) range, up from [pounds sterling]82.6 million in the previous year. Full-year revenues rose 20.6% to [pounds sterling]1.62 billion on an 11.5% lift in passengers to 32.9 million. EasyJet will announce preliminary full-year results on Nov. 14. Oct 9, 2006

Ryanair

Ryanair will base three new 737-800s at Madrid Barajas and open 14 routes from the airport beginning Nov. 22, making it its second Spanish and 18th European base. The LCC will fly daily to Dublin, Eindhoven, Faro, Porto, Marseille and Paris Beauvais. It will fly thrice-weekly to Bournemouth, Gothenburg, Malmo and Shannon and four-times-weekly to Billund, Brussels Charleroi, Nottingham East Midlands and Oslo Sandefjord. Approximately 1 million passengers will travel each year on the new routes, Ryanair said. Oct 10, 2006

Wizz Air

Wizz Air will launch six new routes from Katowice for the summer schedule, increasing capacity from the airport by 50%. The carrier will base a new A320 there from May 2007. New services are to Belfast and Eindhoven (both thrice-weekly from May 29), Bourgas and Heraklion (both weekly from June 2), Bournemouth (thrice-weekly from July 14) and Coventry (thrice-weekly from July 28). Summer flights to Athens and Barcelona also will resume. Oct 10, 2006

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Oct 9, 2006

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