Easyjet wings into Morocco
By www.propertyshowrooms.com

Easyjet wings into Morocco

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Easyjet has announced what it claims is its most significant expansion for two years after launching new routes to Marrakech, Istanbul and Croatia’s third largest city, Rijeka. This marks the low-cost carrier’s first foray into African routes.

Daily services will operate from Gatwick to Marrakech from July 4 and from Luton to Istanbul from June 29 with a four times weekly frequency from Luton to Rijeka beginning on June 30.

Chief executive Andrew Harrison said the expansion of its non-EU network will exploit both the growing leisure and business travel markets.

"Croatia, Turkey and Morocco are forging an ever-closer relationship with the UK and Europe," he said. "As a consequence the demand for low cost fares to these countries is growing quickly and easyJet will be in a unique position to benefit from this development."

Harrison added: "This is probably our most significant expansion since the start of our new routes to Central and Eastern Europe in May 2004."

If other major low-cost carriers decide to enter this market as well, prices may be forced ever lower. As has been seen on numerous occasions in the past, the arrival of low-cost airlines often proves to be a major driving force behind the growth of overseas property buyers in a country or region, so this is the perfect time to look at investing in these newly accessible areas.

Source: New Skys News. Skynews.co.uk. March 2006
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