Europe's low-cost airlines could have the edge in a post-Covid world [MSNBC.com]
EASYJET PLC S/ADR (ESYJY)
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Source: MSNBC.com
In this articleRyanair and EasyJet airplanes.Horacio Villalobos | Getty Images News | Getty ImagesLONDON — European low-cost airlines have clear advantages over larger flag carriers in a post-pandemic world, analysts have told CNBC, despite the massive support packages deployed from governments around the world.It's been a bruising time for airlines as the coronavirus pandemic brought travel to a halt. But now, low-cost carriers seem to be showing signs of recovery compared with national carriers, which can often be subsidized or given preferential treatment."You are seeing legacy carriers unable to move so quickly compared with the lost-cost carriers out of the pandemic," However,easyJet,LufthansaVIDEO4:5204:52'Exciting times ahead' for airline sector, analyst saysSquawk Box EuropeLaura Hoy, equity analyst at Hargreaves Lansdown, said that low-cost airlines benefit from being focused on short-haul flights. These are proving to be more attractive to consumers given ongoing travel rest
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