Europe's Low-Fare Carriers Achieve 20% Market Share
Credit: HAPAG-LLOYD
In contrast with network airlines, Europe's biggest low-fare carriers, Ryanair and EasyJet, do not plan to establish surcharges, despite mounting fuel bills. Maintaining low fares at current levels, 40-60 euros ($48-72) on most European city pairs, requires that costs be lowered further to absorb...
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