Travel disruption gives easyJet £130m loss but flights filling up for next quarter July 26, 2022 Travel disruption due to short-staffing led to easyJet suffering a £130m loss in the three months ending in June. The low-cost airline had a pre-tax loss of £114m due to the impact of cancellations, but its earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (EBITDAR) was a profit of more than £100m. [...]
Olive branch: Easyjet’s founder calls for ceasefire with airline management July 20, 2022 Easyjet’s founder and majority shareholder Sir Stelios Haji-Ioannou has called for a ceasefire in the long-standing feud with the airline’s management. The Greek-Cypriot entrepreneur was one of the many shareholders to vote in favour of an order for new Airbus planes during today’s shareholder meeting, sources told the Financial Times. The purchase – which was [...]
Which? reports Easyjet to CAA for mistreating passengers throughout travel chaos July 7, 2022 Consumer champion Which? has reported Easyjet to the Civil Aviation Authority (CAA) for allegedly mistreating passengers over the last weeks of travel chaos. Which? accused the low-cost airline of keeping travellers in the dark about their right to either be booked on another company’s flight or claim compensation. By directing stranded customers to the ‘Manage [...]
Easyjet flight from London to Minorca escorted by fighter jet following bomb threat July 4, 2022 An Easyjet flight from London Gatwick to Minorca was escorted by a fighter jet, following a bomb threat. According to the Spanish police, the precaution was taken after a British 18-year-old made a fake threat on social media. The culprit – who yesterday was travelling alongside five other friends – remains in Minorca under police [...]
Easyjet COO steps down amid ongoing travel chaos July 4, 2022 The chief operating officer (COO) of Easyjet Peter Bellew resigned today as the airline continues to be hit by travel disruption. The carrier’s board announced today Bellew, who joined two and a half years ago, resigned on Friday to “pursue other business opportunities.” Director of flight operations David Morgan replaced him as interim COO. “I [...]
easyJet execs jet off to Mallorca resort while passengers bear weight of travel chaos July 3, 2022 easyJet’s senior executives are jetting off to Mallorca this week while thousands of passengers bear the weight of the ongoing travel chaos. The airline’s management team are set to have a two-night corporate retreat at luxury resort Iberostar in Palma, which counts an infinity pool and a sunset champagne bar among its many amenities. Bosses [...]
Cancelled flights could cost easyJet up to £200m June 21, 2022 easyJet could be forced to pay up to £200m this year following its decision to slash services to guarantee smoother operations at EU airports. Analysts at Bernstein have forecast the cancellations that took place since Easter could amount to a bill of between £100m and £200m, while Peel Hunt said it now expects the airline [...]
easyJet has no clue how many flights will be cancelled as airline gets caught up in travel chaos June 20, 2022 easyJet said it didn’t know how many flights it will have to cancel to best manage the ongoing travel chaos at airports across Europe, including Gatwick and Amsterdam Schiphol. The news comes after the London hub said on Friday it would be forced to axe daily flights from more than 900 to 825 and 850 [...]
EasyJet pilots say travel chaos could get worse this summer June 11, 2022 Travel chaos could worsen during the summer, easyJet’s pilots have told the airline. Members of the French SNPL pilots’ union working for the low-cost carrier sent a letter to chief executive Johan Lundgren arguing the situation will continue to worsen, as easyJet reported “unprecedented chaos” and “operational meltdowns” over the last few weeks, the i [...]
Hordes of Brits left stranded as travel bloodbath deepens: EasyJet drops 35 flights and BA cancels 124 today alone June 7, 2022 The travel crisis that has gripped the UK for weeks rages on today as thousands of airline passengers face more disruption as widespread flight cancellations continue. EasyJet said this morning it has cancelled at least 35 flights, with Gatwick the worst affected airport. British Airways cancelled 124 Heathrow flights, although the airline said affected passengers [...]