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Low cost airlines capture 41.7 pct Spanish market

Tuesday, January 22, 2008

MADRID (Thomson Financial) - Low-cost airlines captured 41.7 pct of Spanish market share in December, up 35.4 pct from a year earlier, the Ministry of Industry, Trade and Tourism said.

In a statement, the ministry said the no-frills airlines' load factor for the month was 80.2 pct compared with the 77.3 pct registered by traditional airlines.

Ryanair Holdings, Easyjet PLC and Air Berlin had 58.4 pct of passengers, while Vueling Airlines SA had 9.4 pct.

Iberia, Lineas Aereas de Espana SA's low cost arm, Clickair, occupied sixth place with 6.7 pct.

In 2007, low cost airlines transported almost 24 mln passengers, or 40 pct of the total market share, up 34 pct from a year earlier, the ministry said.

Posted by MOHAMED SAID at 5:36 AM  

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