EasyJet to close Madrid base

EasyJet A319. Courtesy, U2 EasyJet (U2) will close it Madrid (MAD) base this winter, citing below expected returns. The airline said its MAD operation was delivering returns “below all of easyJet’s other bases.” It cited a combination of factors—including overcapacity in the Spanish airline market resulting in low revenue per passenger, and airport charges that have “more than doubled in the last two years”—for the decision. U2 stressed it ...