EasyJet is likely to be the major winner from Ryanair and Monarch Airline's woes
The collapse of Monarch Airlines could be great news for other carriers, with EasyJet likely to be the big winner as Ryanair battles pilot-related woes. Monarch collapsed after a long period of financial difficulty, leaving behind a hole in the UK’s aviation market. Analysts believe the collapse, which has led to the cancellation of 300,000 bookings, could boost rivals. “We note that EasyJet and Ryanair have the highest capacity overlap with Monarch and in the event of an exit could be the biggest potential beneficiaries,” a Goldman Sachs note circulated Monday said. Monarch had just 3% of the total short-haul market in the UK but that small overall percentage could allow significant expansion for other airlines – particularly EasyJet given the state of rival Ryanair. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-04/unaligned/easyjet-is-likely-to-be-the-major-winner-from-ryanair-and-monarch-airlines-woes
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EasyJet is likely to be the major winner from Ryanair and Monarch Airline's woes
The collapse of Monarch Airlines could be great news for other carriers, with EasyJet likely to be the big winner as Ryanair battles pilot-related woes. Monarch collapsed after a long period of financial difficulty, leaving behind a hole in the UK’s aviation market. Analysts believe the collapse, which has led to the cancellation of 300,000 bookings, could boost rivals. “We note that EasyJet and Ryanair have the highest capacity overlap with Monarch and in the event of an exit could be the biggest potential beneficiaries,” a Goldman Sachs note circulated Monday said. Monarch had just 3% of the total short-haul market in the UK but that small overall percentage could allow significant expansion for other airlines – particularly EasyJet given the state of rival Ryanair. <br/>
