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Low Cost Airline News - Europe.

Airguide Online • March 17, 2008 •

Mar 17, 2008

AirBerlin

AirBerlin's acquisition of LTU has proven to be costly, as the German LCC reported a steep drop in full-year profit to [euro]11 million ($16.9 million) from the [euro]50.1 million earned in 2006. Full-year revenue rose 61% to [euro]2.54 billion but operating profit plunged 66.5% to [euro]21.5 million from [euro]64.2 million owing to "one-time charges in the double-digit millions resulting from the delayed LTU integration and issues associated with the technical integration of the IT systems." AirBerlin also said that "the expected compensation from releasing certain reserves could not be realized," without elaborating. A detailed financial report is due March 31. Mar 13, 2008

EasyJet

EasyJet launched easyJet Plus, a "membership card" that offers passengers free access to its so-called Speedy Boarding or priority boarding without a reservation. At selected airports, the card also will allow access to priority check-in service. EasyJet is expanding its "Speedy Boarding Plus" offering, a combination of priority boarding with a dedicated check-in desk, throughout its network. It currently is available at some 30 airports. EasyJet Plus costs [pounds sterling]75 ($150.63) for one year if purchased before April 30 and [pounds sterling]100 thereafter. The Speedy Boarding option costs a maximum [pounds sterling]7.50 per segment. Mar 13, 2008

EasyJet

EasyJet has launched a membership card designed to allow unlimited use of its Speedy Boarding option, where airport facilities allow. The card - known as easyJet Plus - costs [pounds sterling]75 ($151) for a year and offers unlimited priority boarding as well as the use of Speedy Boarding Plus that allows passengers to check-in at priority desks. Five return flights is the number at which the airline estimates the card to become cost-effective and customers can purchase the facility at easyJetPlus.com. EasyJet says it is also planning to offer other membership benefits in the near future that could include discounted car hire, travel insurance deals and hotel rates. The [pounds sterling]75 membership card rate is available until 30 April this year, after which the cost will rise to [pounds sterling]100. Speedy Boarding is in use at those airports with direct aircraft access. Remote boarding will not guarantee priority embarkation. Mar 12, 2008

EasyJet

EasyJet transported 3 million passengers in February, up 14.8% from the year-ago month. Load factor rose 1.4 points to 84.3%. Mar 10, 2008

Flybe

Flybe asks for BAA to be broken up and replacement of CAA as regulator following UK airport charges rise. Mar 11, 2008

ZZ

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