Wizz Air boss likely to miss out on £100m bonus as shares struggle January 27, 2025 The recent performance of Wizz Air’s share price suggests the company’s boss is set to miss out on a £100m bonus payout. The controversial bonus for CEO Jozsef Varadi was approved by shareholders in 2021. Under the terms of the agreement – the biggest bonus award in the history of the London Stock Exchange – [...]
Easyjet reaffirms guidance as losses narrow significantly January 22, 2025 Easyjet has reaffirmed full-year profit guidance after quarterly losses more than halved and booking momentum continued to build ahead of the busier easter and summer months. The budget airline expects to report a headline pre-tax profit of £709m in 2025, up from a prior year haul of £610m and in line with consensus. It said [...]
Heathrow Airport to cap off year in record style December 11, 2024 Heathrow said it served 6.5m passengers in November and on Wednesday forecast December would also be a record breaker.
Easyjet: Golden goodbye for departing CEO Johan Lundgren December 10, 2024 The departing chief executive of Easyjet has been handed a golden goodbye to the tune of almost £3m ahead of stepping down next month. Johan Lundgren has pocketed £2.88m ahead of handing over to Kenton Jarvis in the New Year. The pay packet is up from the £2.19m Lundgren received in the prior year. The [...]
Airlines battle for a slice of the Arctic – who stands to gain? December 10, 2024 Demand for Arctic travel is booming, driven by attractions such as the Northern Lights. Who stands to gain?
Easyjet more than doubles dividend as profit jumps November 27, 2024 Budget airline Easyjet reported a 34 per cent rise in pre-tax profit to £610m, in the twelve months to October.
‘One of the greenest choices in air travel’: Wizz Air ad banned for misleading consumers November 27, 2024 The ASA ruled on Wednesday the ad "must not appear again in the form investigated" because no basis for the claim had been made clear.
Easyjet to report £600m profit as holiday arm boosts business November 24, 2024 Easyjet is expected to haul in £600m in profit as it continues to cash in on strong demand for travel in the post-Covid era.
Will Jet2’s share price continue to fly? November 18, 2024 Jet2's stock, up 23.7 per cent this year to date, has outperformed rivals such as Ryanair and Tui this year.
Ryanair calls for ‘urgent’ action to reform UK’s ‘hopeless’ air traffic control body November 14, 2024 The boss of low-cost airline Ryanair has labelled the UK's air traffic control body as "hopeless" and called for its chief to be sacked after a damning report revealed a litany of failures at the organisation.