EASYJET seems to have taken a leaf out of Ryanair”s book by issuing a ”knocking” press release, but in this case it seems to be justified. Latest figures from the Civil Aviation Authority show how both Ryanair and Aer Lingus have suffered since easyJet”s arrival in the Irish Republic with the Luton-based airline grabbing a significant market share. Aer Lingus” market share has fallen on both the routes it competes with easyJet from London to Cork and Shannon; while Ryanair”s fares have collapsed since easyJet”s arrival. The latest CAA figures show that easyJet has acquired significant market share on its three routes from Gatwick, achieving 14%, 27% and 10% of passengers between London and Cork, Knock and Shannon respectively. (Figures for 2005 are for January till June). While Ryanair has lost market share significantly to easyJet on its London ” Knock route its levels on both Cork and Shannon are below that of a couple of years ago.
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