LONDON (Alliance News) - Budget airlines easyJet PLC and Ryanair Holdings PLC could soon be handling part of the journey for long-haul passengers in Europe amid a strategic shift by the two groups, the Financial Times reported.
Ireland's Ryanair has signalled plans to target tie-ups with flag carriers under which it would provide them with passengers for their long-haul flights. easyJet is understood to be considering a similar move, the FT said.
This could see Ryanair and easyJet strike up partnerships with companies such as British Airways, owned by FTSE 100-listed International Consolidated Airlines Group SA, or Germany's Lufthansa AG, with passengers initially flying via the budget airlines, before then transferring onto the flag carriers' long-haul aircraft.
https://next.ft.com/content/2d2e6ec0-b39e-11e5-b147-e5e5bba42e51
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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International Airlines (IAG)
easyJet (EZJ)