UK carrier Jet2 challenges Ryanair amid Brexit retreat

Jet2 will station 6 new Boeing737-800 jetliners at London Stansted, taking on Ryanair in its own backyard. Jet2 will serve 21 European destinations from Stansted, its first base outside the northern UK, putting it on a par with EasyJet as the leisure hub’s second-biggest operator. The first flights will commence March 30, the carrier said Wednesday. Stansted becomes the ninth base for Jet2, which has previously operated from locations such as Glasgow, Manchester and Newcastle upon Tyne. Ryanair, for which Stansted is its biggest hub, has said it will deploy 50 jets due for delivery this year to markets outside the U.K. in light of an anticipated travel slump following Britain’s vote to quit the EU. "We haven’t seen a significant downturn in demand," Jet2 CE Steve Heapy said. <br/>
Bloomberg
http://www.bloomberg.com/news/articles/2016-09-21/jet2-targets-ryanair-stronghold-with-six-boeing-737s-at-stansted
9/21/16