Ryanair announced (10-Jan-2012) plans to open its 50th base at Paphos (Cyprus) in Apr-2012, basing two aircraft and offering 14 routes. The LCC stated the USD140 million investment will result in over 600,000 passengers into the region and sustain over 600 jobs. Routes from Paphos will include Chania, Oslo, Frankfurt Hahn, Patras, Kaunas, Pisa, Krakow, Rome, London, Stockholm, Memmingen, Thessaloniki, Milan and Treviso. [more - original PR]
Ryanair to open 50th base at Paphos in Apr-2012
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Jet2.com: seats at new Stansted base in summer 2017 exceed the entire network growth in summer 2016
Jet2.com has provided details of the routes that it plans to operate at the new London Stansted base that had been already announced by the LCC's parent Dart Group. From the start of the summer 2017 schedule Jet2.com will serve 21 European leisure destinations from Stansted. This will continue the airline's strong dependence on the summer season.
Jet2.com's move into Stansted will it bring it into head-to-head competition with Europe's biggest and lowest cost LCC – Ryanair. That much was clear from the moment that the Dart Group announced the establishment of the base at Stansted, and it was highlighted in a previous CAPA analysis.
The route details allow greater analysis of the competitive landscape that Jet2.com will face. By entering the London market it will not only be locking horns with Ryanair, but it will also be facing city pair competition from almost every other significant LCC and charter airline that operates from the UK. The new seat capacity that Jet2.com will deploy from its first base in the south of England will be more than its network-wide seat growth in summer 2016, making this a highly significant move for the airline.
Jet2.com: growth mainly in Spain and Manchester. Overcapacity an issue, and competition strong
The strongly seasonal nature of Jet2.com's schedule and the financial performance of the airline and its parent Dart Group were examined in a Jul-2016 analysis report by CAPA. That report also noted that all of the increase in passenger numbers since the year to Mar-2013 was attributable to traffic booked via Dart Group's package holidays business – Jet2holidays.com.
This report looks in some detail at Jet2.com's network and how it has changed in the three years since summer 2013.
Over the past three years Jet2.com has increased its peak summer weekly seat capacity by one third. By airport, the biggest share of this incremental capacity has been at Manchester. By destination, the lion's share of its growth has been to Spain, where there is now a capacity glut. Its markets have become increasingly competitive – not only due to other LCCs, but also because of the growth of airlines owned by integrated leisure groups such as TUI and Thomas Cook.