An easyJet Airbus A320 (Photo: easyJet)

Overcapacity in European Aviation Market Impacts Airline Revenue Per Seat

Low fares are set to continue in the European aviation market as overcapacity over the Winter season has seen Ryanair lower market expectations for 2019 financial results and easyJet report lower per seat revenue. U.K.-based easyJet this week announced first quarter earnings through December 31 of £1.296 billion, up 13.7 percent, but advised that the revenue per seat had decreased by 4.2 percent. The airline also added that it expected revenue per seat to decline further in the range of ‘mid…

Ryanair Secures U.K. Operator Certificate in Anticipation for Hard Brexit

Uncertainties regarding Brexit are impacting in many industries, but one of those most affected is, without a doubt, aviation. With the U.K. and European Union failing to agree on critical issues and voting stalled in the U.K. Parliament, businesses are preparing for the worst as the March deadline rapidly approaches.…