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EasyJet expands network - 3 January 2008

Following the acquisition of the GB Airways part of the British Airways network toward the end of 2007, low-cost airline EasyJet has announced 32 new routes to Europe and beyond for the summer 2008 tourist season.

The new routes that have been gained by the soon-to-be-completed purchase of the franchised part of the British Airways empire will allow EasyJet to continue to expand into Northern Africa, and will make some destinations all the more attractive to overseas property buyers. The company has also reinforced its commitment to fly from regional airports by introducing the routes from both London Gatwick and Manchester airports to the new destinations.

For example, EasyJet will now operate flights to the Egyptian resorts of Hurghada and Sharm El Sheikh to cater for the growing tourist and overseas property markets on the Red Sea Riviera. In addition, there are now routes to Malta and Paphos in Cyprus to take advantage of the newest countries to adopt the Euro.

Also new on the schedule are more flights to Greece, including the islands of Crete, Corfu, Mykonos, Rhodes and Thessaloniki, which should help the developing overseas property market in the Aegean. For the first time, a low-cost airline is now flying direct to the Portuguese island of Madeira as well, which will no doubt increase tourist numbers there.

Easy access, alongside stability and climate, is one of the most important things overseas property buyers need to consider when investing in a holiday home for the future, and especially if they are looking to rent it out to other holidaymakers. The arrival of low-cost airlines has proved to be a boon in other areas of Europe, and has been a major driver behind the development of the property markets in Central and Eastern Europe.

 

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