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FT: Bulgaria, Romania Set for Boom in Low-Cost Flights
Business | February 8, 2007, Thursday // 00:00
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Bulgaria and Romania are likely to attract many low-cost carriers thanks to their accession to the European Union and fast growing economies, Financial Times Deutschland reported.
"The two countries are hoping to enjoy the same travel boom experienced by their fellow former-communist neighbours in central and eastern Europe - such as Hungary, Poland and the Baltic states - when they joined the EU in 2004," the article says.
It points out that in anticipation of EU membership both Bulgaria and Romania have already dropped protectionist measures designed to coddle their national flagship carriers.
SkyEurope, based in Slovakia, WizzAir and a few other low-cost carriers already operate flights to Bucharest and Sofia. As of January 1, however, access became even easier. Any operator with a European Union air carrier licence no longer needs government permission to secure landing rights.
"The two countries are hoping to enjoy the same travel boom experienced by their fellow former-communist neighbours in central and eastern Europe - such as Hungary, Poland and the Baltic states - when they joined the EU in 2004," the article says.
It points out that in anticipation of EU membership both Bulgaria and Romania have already dropped protectionist measures designed to coddle their national flagship carriers.
SkyEurope, based in Slovakia, WizzAir and a few other low-cost carriers already operate flights to Bucharest and Sofia. As of January 1, however, access became even easier. Any operator with a European Union air carrier licence no longer needs government permission to secure landing rights.
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