Outlook: groupings in perspective
While the vast majority of airlines "major" has posted
negative results during the fiscal year 2001-2002, mainly because of the
September 11 attacks, Ryanair, Easyjet and Virgin Express have registered
positive results and a sharp increase . This positive development and very fast
should be confirmed in the coming years, according to the Directorate General
of Civil Aviation.
Indeed, the draft order planes announced by these companies
tend to show that they intend to grow strongly in Europe: 100 firm orders and
50 options for Ryanair, a firm order for 120 aircraft for Easyjet.
But the risk of downward pressure on prices are not excluded,
if the creation of new low-cost airlines leads to excess supply. Competition
between low costs, and with the charters, is likely to be, and there should be
a number of groupings, such as Easyjet, which bought Go and DeutscheBA in May
2002, and that Ryanair repurchased Buzz in January 2003.
Transavia: Air France-KLM strikes back (Netherlands
low cost airline company)
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