EasyJet (U2) chief Carolyn McCall is aiming for 3%-5% organic growth over the next 3-5 years, as the airline continues to assess a possible aircraft order.
“We will continue to grow modestly, we are quite pragmatic about that, but it is growth,” said McCall, addressing the European Aviation Club in Brussels. “There is still a lot more low-fares airlines can do in the market. EasyJet can continue to grow in markets we are already in, which is much lower risk. We don’t need new markets to grow.”
McCall identifies France and Portugal as possible targets for this growth. “We see Portugal, despite its economic position, as an opportunity,” she said. Also, in France, low-cost carriers have just 24% penetration compared with 40% in other European counties, giving scope for expansion.
U2 carries 60 million passengers a year, more than Air France-KLM, and one of its growth areas is business travelers which represent around a sixth of its 60 million passengers, growing to 40% on some routes.
Read more: EasyJet chief eyes modest growth; new aircraft | ATWOnline
No comments:
Post a Comment