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.
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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...