Capacity constraints will prevent a full recovery within Europe’s short-haul market this summer, dampening traffic growth but signaling higher yields for LCCs.
The Budapest-based ULCC says it is extending leases, driving higher utilization and leaning on new deliveries to offset the impact of the GTF groundings.
Ryanair could benefit from Pratt & Whitney engine problems that will see hundreds of aircraft grounded for engine maintenance in the coming years, analysts say.
By Sean Broderick, Michael Bruno, Christine Boynton, Jens Flottau
Pratt & Whitney has been working for months to figure out how to schedule needed PW1100G repairs. The fleet management plan is painful for everyone involved.