Bank Of America Says Ryanair And Wizz Air Are Showing Biggest Growth In Flights In Europe
Bank of America has said that Ryanair and Wizz Air are showing the biggest growth in flights in Europe. As reported by The Irish Times, bookings for flights within Europe improved to 44% of 2019 le...
Bank of America has said that Ryanair and Wizz Air are showing the biggest growth in flights in Europe.
As reported by The Irish Times, bookings for flights within Europe improved to 44% of 2019 levels during the week that ended on June 6 from 41% a week earlier, according to Bank of America's Sky Tracker, and the amount of flights also increased last week, with overall activity being down 54% on the same period in 2019, but up from minus 56% the previous week.
Bank of America reportedly said that Ryanair and Wizz showed the biggest growth in flights, with the former boosting flights by 17 percentage points to be down 55% on the same period in 2019, while the latter increased its activity by 10 percentage points to be down 47% on the same period in 2019.
Bank of America reportedly said that more people are visiting the websites of European airlines, with the number of website visits during the week that ended on June 6 being just 36% less than the number recorded for the same period in 2019.
The Irish Times quotes Bank of America as saying, "Ryanair and British Airways were up by circa 11 to 14 percentage points, while Turkish Airlines increased by eight percentage points."
Bank of America reportedly added that all other carriers increased by three to five percentage points.
EU Digital COVID Certificate
Additionally, Bank of America reportedly suggested that progress on the EU’s Digital COVID Certificate system, which Ireland is due to implement on July 19, is benefitting from bookings.
Shannon Airport Services
As reported by The Irish Times, the above news came as Ryanair resumed eight services to and from Shannon Airport, and it is reportedly planning to add further flight to its schedule in the coming weeks.
Increased Seat Capacity And Bulking Up On Italian Domestic Routes
The above news also follows news that Ryanair has doubled its capacity to 1.3 million seats per week in Europe, as well as news that Ryanair and Wizz Air are bulking up on Italy's domestic routes.
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