Eurowings report of ultra LCC airline decline in Germany is premature
This is fighting talk from Mr Bischoff, but may be premature. Europe's three LCC groups – Ryanair Group, Wizz Air Group and Pegasus – have increased their share of Germany-Europe capacity throughout 2020, including the period after fleet groundings. Ryanair Group and Pegasus are cutting capacity by less than the market, whereas Wizz Air is almost maintaining 2019 capacity levels.
Moreover, Ryanair's closure of Laudamotion bases in Germany should not be interpreted as a withdrawal from this market. Laudamotion was restructured when employees did not agree to new terms, and Ryanair now has a new subsidiary, Lauda Europe, to facilitate the opening of new bases across Europe.
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