European Airlines Grow
Friday, January 15, 2010
Europe's low-cost carriers, called "LCC" in the industry, have once again continued to grow even during the recent world-wide recession. EasyJet and Ryanair are notable examples of airlines that are becoming larger. The growth of airberlin is helped by its takeover of much of TUIfly's city network. Vueling doubled its size, due mainly to its recent merger with clickair. Other carriers reporting significant year-over-year growth include Aegean, germanwings and Wizz Air.
In Denmark, carriers such as Cimber Sterline, Norwegian and transavia.com have aggressively filled the hole left by the demise of Sterling; as a result the Danish market generated a healthy seven percent growth in capacity.
Phoenix East Aviation Inc
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