Tag: budget airlines

Will we see more budget airlines in Europe?
Airlines

Will we see more budget airlines in Europe?

For the past 10 years, we have seen an increase in low cost budget airlines in Europe, that have attempted to undercut the market of the established airlines. Many of these have attempted expand into long haul budget airlines, but many of these have failed. Despite this, their continent-oriented competitors have gone from strength to strength. But does this mean that we will see more of them in the future? I doubt this very much. It is unlikely that new budget airlines would be able to offer such low prices, as the current semi-established airlines do, and stay solvent at the same time. (adsbygoogle = window.adsbygoogle || []).push({}); Why do I believe that we have seen the end of new budget airlines in Europe? The short answer is: Money. Currently, the largest Europe...
Why have low cost long-haul airlines gone under in the last 5 years?
Airlines

Why have low cost long-haul airlines gone under in the last 5 years?

Airlines going under isn’t a new thing, since the first airlines started, some airlines have gone under. But this phenomenon of low cost long-haul airlines going under has been exasperated in the past 5 years. So, why have low cost long-haul airlines gone under in the last 5 years? Most of the time, airlines have gone under due to poor management of finances, but the past 5 years have proven different. Whilst poor financial management may have been a factor, the main issue is sustainability.  Most of the airlines that have gone under have been low cost long-haul airlines. These m are not usually your typical low cost airlines like Ryanair or EasyJet, but are usually low cost and long-haul airlines. Think along the lines of Wow Air, Thomas Cook and Primera Air- all of these had the same...