The collapse of Monarch has been a shock to many, but comes as less of a surprise to industry watchers that have seen the pressures building in its markets. To a significant extent this is part of a European wide phenomena, as capacity growth by airlines such as Ryanair, easyJet and Wizz Air have run ahead of demand, which has put pressure on ticket yields and this has been a major factor in the recent failures of Alitalia and Air Berlin.
11 Oct 2017
Monarch toppled by industry revolution
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Monarch toppled by industry revolution
Jet2 PLC (JET2:LON) | 1,440 0 0.0% | Mkt Cap: 3,092m
- Published:
11 Oct 2017 -
Author:
Chris Thomas -
Pages:
6
The collapse of Monarch has been a shock to many, but comes as less of a surprise to industry watchers that have seen the pressures building in its markets. To a significant extent this is part of a European wide phenomena, as capacity growth by airlines such as Ryanair, easyJet and Wizz Air have run ahead of demand, which has put pressure on ticket yields and this has been a major factor in the recent failures of Alitalia and Air Berlin.