All EasyJet articles – Page 3
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Airline BusinessAirline 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
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Airline BusinessHow 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.
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Airline BusinessAirline 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
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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.
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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.
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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.
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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 ...
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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 ...
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Airline BusinessRyanair’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.
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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 ...
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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 ...
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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 ...
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News‘We don’t need to make a lot of noise’: Scherer on Airbus at Farnborough
Airbus chief commercial officer Christian Scherer has defended Airbus’ aircraft order performance at this week’s Farnborough air show by highlighting its announcements across the year so far. Speaking as EasyJet firmed an order for 56 Airbus A320neo jets at the show on 20 July, Scherer insisted “it’s not a quiet ...
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NewsEasyJet firms follow-on A320neo commitment
UK low-cost carrier EasyJet has formalised its order for 56 A320neo family aircraft after securing shareholder approval earlier today.
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NewsRolls-Royce and EasyJet partner on H2ZERO hydrogen combustion tests
EasyJet and Rolls-Royce are partnering on hydrogen combustion technology in a project that will see the UK budget carrier “directly invest” in the newly named H2ZERO test programme.
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Airline BusinessChanges at the top as airline operational woes continue
The unbecoming spectacle of more airlines cancelling flights – having spent the past two years desperate to ramp-up operations – has continued this week. And while IATA used its recent AGM to play down the scale of the problem, it nevertheless acknowledged that airlines and the wider industry have work ...
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NewsEasyJet operating chief resigns
Peter Bellew has resigned from his position as EasyJet’s chief operating officer to “pursue other business opportunities”, the UK-based low-cost carrier announced on 4 July. EasyJet’s statement to the London Stock Exchange does not suggest the decision relates to the operating challenges faced by the carrier in recent months. Bellew ...
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NewsEasyJet to firm orders for 56 A320neos and introduce more A321neos
UK budget carrier EasyJet is planning to firm orders for another 56 Airbus A320neo-family jets, and will also convert 18 aircraft in its backlog to the larger A321neo. Under the “conditional arrangement”, the airline says it will take delivery of the additional A320neos over fiscal 2026-29. The A321neos will arrive ...
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NewsEasyJet consolidates flights to claw back operational reliability
UK budget carrier EasyJet is consolidating flights from various airports, cutting departures in order to counter operational problems caused by staffing and supply-chain issues during post-pandemic ramp-up. It says the industry is suffering personnel shortages, longer aircraft turnaround times, knock-on delays and cancellations. “A very tight labour market for the ...
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NewsGatwick airport caps summer flights amid operational woes
Gatwick airport will cap the number of flights operated from the facility in July and August, as it attempts to overcome the operational challenges that have dogged the air travel recovery in markets including the UK’s.