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Budget airlines gain more market share in Spain

Wednesday 23 Jan 2008 2:46pm

Low-cost and budget airlines in Spain are gaining market share from traditional airlines with a 6% increase in overall market share in December. The Ministry of Industry, Trade and Tourism in Spain said that in December, budget airline's market share increased from 35. 4% to 41. 7% compared to the previous December. Load factor - which shows how full the planes are - was at 80. 2% for budget/low cost airlines and slightly less at 77. 3% for the traditional airlines. The major budget airlines of Ryanair, easyJet and Air Berlin carried 58. 4% of passengers with Iberia, Vueling and Clickair taking up the majority of the remainder. Over 24 million passengers flew on budget airlines in 2007.

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