Easyjet soars towards full-year profit targets September 28, 2018 Easyjet today told investors it expected to deliver strong headline profit in its full year results, despite warnings of a no-deal Brexit hitting the airline. The company said before tax, profit for the year was likely to come in between £570m and £580m, in the upper half of previous guidance. It said passenger numbers for [...]
British Airways and Easyjet among airlines ‘most exposed to a no-deal Brexit’ September 27, 2018 British Airways and Easyjet are among the airlines that are particularly vulnerable to a "no-deal" Brexit, financial services firm Moody's has warned. The possibility of a no-deal Brexit, in which the UK would crash out of the EU on terms set by the World Trade Organisation (WTO), has been ramping up in recent months, as [...]
EasyJet share price on track for biggest rise in two years as summer success lifts full-year expectations September 3, 2015 A record number of passengers and cheap fuel prices have offset difficulties faced by the low-cost airline earlier in the year. The figures Budget airline EasyJet has said it carried a total of 7.1m passengers in August – a one-month record for the company. Similarly, the proportion of seats occupied on flights reached an all-time [...]
EasyJet flight U28435 from London to Basel declares emergency and returns to Gatwick July 27, 2015 An EasyJet flight going from London to Basel in Switzerland declared an emergency as it took off from Gatwick. Flight U28435 released a Squawk 7700, the generic emergency code, as it departed from the south London airport just after 2.30pm. The journey spans a total distance of 425 miles, but the emergency squawk [...]
EasyJet share price soars as revenue beats expectations July 22, 2015 The figures Revenue dropped at EasyJet in the second quarter, yet the turbulence was less severe than had been feared by the low cost airliner. Read more: EasyJet strike could cause a new headache for budget airline The better than expected results triggered a four per cent rise in EasyJet's share price in early trading. Europeans' [...]
EasyJet strike 2015: Cabin crew ballot for action could cause summer travel chaos for holidaymakers and a new headache for budget airline July 7, 2015 Strike action by EasyJet staff could disrupt thousands of holidaymakers preparing to jet off for the summer holidays, causing a further headache for the low-cost airline. British cabin crew staff are planning to walk out over pay after talks between unions and the airline broke down following months of negotiations. EasyJet has said it is confident [...]
Budget airlines easyJet and Wizz Air welcome soaring passenger numbers as summer starts July 6, 2015 A fleet of budget airlines have today announced their passenger statistics for last month. One of the key elements to look out for is load factor. This is a measure of how much capacity an airline uses, and is critical for low cost airlines, who are less able to absorb the cost of flying with [...]
Greece bailout crisis: EasyJet founder Stelios Haji-Ioannou brings free lunch to the table July 1, 2015 While Eurozone finance ministers continue to try and come up with a plan to save Greece's economy, one billionaire is giving out free lunches on the street. Read more: Stelios Haji-Ioannou launches new easyBus Heathrow-London shuttle service Sir Stelios Haji-Ioannou, founder of easyJet, left Greece 25 years ago and now lives in Monaco, but [...]
Tui and Thomas Cook share prices tumble after Tunisia beach attack June 29, 2015 Shares in London-listed holiday firms have taken a tumble after the terrorist attacks in Tunisia on Friday which left more than 30 dead, many of them British tourists. Shares in the package holiday company Thomas Cook fell as much as seven per cent to 133.026 pence per share in early trading, recovering slightly to 139.93 [...]
Stelios Haji-Ioannou launches new easyBus Heathrow-London shuttle service June 16, 2015 Former EasyJet owner Stelios Haji-Ioannou is back at the airport, but this time with a ground-based shuttle. His easyBus launches a Heathrow-to-London bus service next month, with fares from just £1. The service will operate at least 90 times per day from 1 July, between Heathrow’s Central Bus Station and west London’s Shepherd’s Bush. Normal [...]