Jaunted

We Were Right: German EasyJet Boss Says So

6/03/2008 at 9:15 AM
Tags: EasyJet, Europe Travel, Airlines, LCCs, Low Cost Carriers (all tags)

You read it here first. Now John Kohlsatt, the boss of the German part of budget airline EasyJet, agrees with us that rising fuel costs might cause the demise of the European low cost carrier industry.

From his point of view, though, there are a couple of exceptions. He's pretty sure that his own company, EasyJet, will survive. It's already the fourth-biggest airline in Europe (amongst all the non-budget carriers, too) and has more planes on order.

Kohlsatt was gracious enough to say that a few other airlines will survive fuel-cost-caused bankruptcy too: namely British Airways, Air France, Lufthansa and, the only other LCC on the list, Ryanair. According to him we just have to wait around for the rest to tumble. There might be new routes on the way, but they might not last long.

Related Stories:
· Fuel Costs Will Trigger Airline Bankruptcy Wave [Forbes]
· European LCCs Might Be in Trouble [Jaunted]
· Low Cost Carriers coverage [Jaunted]

[Photo: Valter Jacinto]