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Low fuel prices have led to a strong growth in capacity on European routes, putting market expansion at a 10-year high on forecasts that airlines will add new capacity of 8 percent over the next six months. But low-cost carrier Jet2.com, owned by UK-listed travel and logistics company Dart Group (DTG.L), said that it would not struggle to fill planes on its new connections from London's third biggest airport and the fourth busiest in Britain. "We've aimed for the popular leisure destinations in Europe, in Spain, Portugal and the Canary Islands. We feel that some of them are actually underserved from London Stansted so we think there is still strong demand," Jet2.com Chief Executive Steve Heapy said in an interview on Wednesday. Flying from Stansted will bring Jet2.com into competition with Ryanair (RYA.I), the airport's biggest user and Europe's biggest low-cost airline. Jet2.com's new base at Stansted will give it a presence in southern England for the first time. In the past, it has served passengers in northern England, Scotland and Northern Ireland. Heapy said Jet2.com's sister brand Jet2holidays, through which it sells package holidays, would help it attract customers and compete with Ryanair. About half of the passengers travelling on the new Stansted flights, due to start from March next year, will be on a Jet2holidays trip, predicted Heapy. Jet2holidays, plus larger rivals TUI Group (TUIT.L) and Thomas Cook (TCG.L), say demand for holidays has remained strong among Britons this summer, despite a 10 percent fall in the value of the pound against the euro since the Brexit vote in June. Some destinations like Turkey have not benefited from this demand because of security concerns there.
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REUTERS/Miguel Vidal 7/9 left right Galician President and member of the People's Party (PP) Alberto Nunez Feijoo talks to reporters outside a polling station after voting in Galician regional elections in Vigo, northern Spain, September 25, 2016. REUTERS/Miguel Vidal 8/9 left right Spain's acting Prime Minister Mariano Rajoy arrives for an event in Madrid, Spain, September 7, 2016. REUTERS/Andrea Comas 9/9 By Miguel Vidal and Vincent West | SANTIAGO DE COMPOSTELA/BILBAO, Spain SANTIAGO DE COMPOSTELA/BILBAO, Spain Spain's regional elections reinforced the center-right People's Party (PP) on Sunday while dealing a blow to the opposition Socialists but failed to signal a clear path to avoid a third nationwide vote in December. Two inconclusive general elections in December and June have plunged politicians into months of fruitless negotiations to try to assemble a government. Their inability to form a coalition means the country could be headed for a third election. The ballots in the northern regions of Galicia and the Basque Country boosted acting Prime Minister Mariano Rajoy while the Socialists lost seats in both regions, but it remains to be seen if the results lead the Socialists to abstain in any future parliamentary vote of confidence to allow Rajoy a second term as leader. Rajoy's PP easily romped to an absolute majority in his native Galicia, a conservative stronghold. The PP have ruled this rainy, northwestern region for most of Spain's four-decade democracy. The conservative regional party, the Basque Nationalist Party, won most votes in the Basque Country, as expected, although not enough to rule by majority.
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