All EasyJet articles – Page 2
-
NewsEasyJet leasing older A320s to reinforce fleet capacity
UK budget carrier EasyJet is looking to reinforce its fleet with the lease of older Airbus A320s which would be delivered by the end of this year. The airline says it has a commitment to lease 11 mid-life A320s up to the first quarter of its 2023-24 fiscal year, which ...
-
NewsEasyJet narrows first-half losses
EasyJet cut pre-tax losses to £411 million for the first six months of its financial year on revenues 80% up year-on-year.
-
NewsEasyJet drives development of hydrogen propulsion as battery power loses spark
EasyJet continues to back hydrogen as the budget carrier’s most likely future fuel, having quietly shelved interest in all-electric short-haul aircraft as part of its decarbonisation plan.
-
NewsEasyJet sees full-year profits beating expectations
UK low-cost carrier EasyJet cites strong demand and booking levels for projecting it will exceed current market expectations and make a headline pre-tax profit of £260 million ($322 million) for the year ending 30 September 2023.
-
NewsletterWhy Lufthansa chief likens Europe’s airlines to German cars, Swiss watches and French handbags
The Airlines for Europe (A4E) Aviation Summit on 29 March saw the chief executives of Europe’s biggest airlines make familiar pleas to the European Commission for action on topics such as sustainable aviation fuel, EU261 and air traffic management.
-
NewsRyanair's O'Leary rounds on regulators for failing to act on ATC strikes
Ryanair chief executive Michael O’Leary fears improved service reliability this summer from higher staffing levels across the airport ecosystem could be offset by the impact of air traffic control strikes and continued airspace restrictions because of the war in Ukraine.
-
AnalysisAirline Business performance tracker: Europe Q4 2022
Key data from the most-recent European earnings period – the fourth quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
-
NewsEasyJet expects to beat full-year profit expectations after cutting Q1 losses
EasyJet expects to beat current market expectations for full-year profits after narrowing losses in a stronger than expected first quarter of its financial year.
-
AnalysisAirline share prices weaker at end-2022 versus end-2021 despite demand recovery
Airline share prices ended 2022 down on the same point 12 months earlier, following a challenging year for wider economies around the world
-
In depthHow far through recovery are European airlines?
A carrier-by-carrier guide to the progress European airlines continued to make in their recovery from the Covid-19 crisis during the past year and a look at how much further they have to go in 2023.
-
In depthAirline Business performance tracker: Europe Q3 2022
Key data from the most-recent European earnings period – the third quarter of 2022 – and the equivalent periods stretching back to the last pre-Covid year, powered by Airline Business Insight
-
NewsEasyJet chief sees consolidation through retrenchments not mergers
EasyJet chief executive Johan Lundgren believes consolidation in Europe is more likely to happen through legacy carrier retrenchments rather than merger and acquisition (M&A) activity, in part because of state support keeping failing carriers in operation.
-
NewsEasyJet positions to meet summer restoration of capacity
UK budget carrier EasyJet is taking steps to ensure it and suppliers have sufficient labour to meet a further pick-up in demand, as it aims to return to pre-pandemic capacity levels next summer.
-
NewsStrong summer quarter helps EasyJet cut full-year losses
Despite remaining in the red, EasyJet is pointing to a record earnings performance in the quarter ended 30 September, which helped to wipe £1 billion ($1.2 billion) off its full-year losses.
-
NewsEasyJet expects full-year EBIT break-even after strong summer quarter
UK budget carrier EasyJet is expecting to break even at EBIT level for the full year, following a strong fourth quarter which encompassed the summer season. Its holidays division achieved a pre-tax profit of more than £35 million. EasyJet is forecasting an overall group pre-tax loss of £170-190 million ($188-211 ...
-
NewsEasyJet lays out strategy to reach 2050 zero-emission target
UK budget carrier EasyJet has set out a plan to slash carbon emissions by 78% by 2050, with an interim target of 35% by 2035. EasyJet will then use carbon removal to address residual emissions, in order to reach a 2050 net-zero objective. The airline says it aims to achieve ...
-
NewsletterRyanair’s Italian surge will be headache for ITA Airways owners
If a consortium comprising Certares, Air France-KLM and Delta Air Lines eventually takes control of Alitalia successor ITA Airways, it will have much ground to make up in the short-haul sector in particular.
-
NewsNorse explores ‘virtual’ interline offering connecting flights to budget carriers
Long-haul low-cost operator Norse Atlantic Airways has tied up with three other budget carriers to extend its network through connecting services. Norse Atlantic is linking with EasyJet and Norwegian in Europe, as well as Spirit Airlines in the USA, to broaden its reach either side of its transatlantic operations. It ...
-
NewsEasyJet to add A321neos to Lisbon as TAP slots expand network
UK budget carrier EasyJet is to station three Airbus A321neos in Lisbon, in order to operate an expanded network achieved through the acquisition of former TAP Air Portugal slots. The airline is opening 14 new routes this winter, and increasing frequency on seven others, taking the network from the capital ...
-
NewsEasyJet takes £133m disruption hit but says operations now ‘normalised’
EasyJet recorded a loss before tax of £114 million ($137 million) for the three months ending 30 June 2022, as operational disruption had a £133 million cost impact. Providing a fiscal third-quarter trading update on 26 July, the UK-based low-cost carrier lamented capacity caps imposed by London Gatwick and Amsterdam ...