EasyJet shares dip in spite of better losses May 13, 2014 EASYJET landed a smaller-than-expected loss in the first half of its financial year, helped by a rise in business passengers choosing the low-cost airline. Shares in the firm fell 4.2 per cent to make it the worst performer in the FTSE 100 yesterday, which analysts blamed on profit-taking after a strong year and several forecast [...]
EasyJet sees boom in business travellers as allocated seating pays off May 13, 2014 Budget airline EasyJet has seen its number of business travellers jump by 44 per cent. In the year to 31 March 2014 EasyJet carried 12m business passengers for the first time. The FTSE 100 company attributed its rising popularity among business travellers to the quality of customer service and its system of seating allocation. EasyJet [...]
EasyJet is developing drones to help keep its planes in top form May 7, 2014 EASYJET is helping to develop new drone technology that can be used to inspect its fleet of planes. The airline said yesterday it is working with the Bristol Robotics Laboratory, CopterCraft and Measurement Solutions to modify an unmanned drone for trials within the next few months. “The drones will be programmed to scan and assess [...]
EasyJet working on new drones and paperless planes May 7, 2014 EasyJet is helping to develop new drone technology that can be used to inspect its planes. The airline, which is holding a tech showcase at its Luton hangar today, said it is working with the Bristol Robotics Laboratory, Coptercraft and Measurement Solutions to modify an unmanned aerial vehicle for trials within the next few [...]
EasyJet passenger numbers continue to rise April 4, 2014 Budget airline EasyJet has announced a rise in passenger numbers of 4.8 per cent to 5.1m for March 2014. The FTSE 100 company enjoyed growth of 3.5 per cent to over 61m passengers for the 12 months ended March. Part of the company's growing popularity is attributable to the success of its new system of [...]
EasyJet says 10-year Luton deal will see passengers double March 31, 2014 EasyJet’s said it expects to carry 20 per cent more passengers next year, having secured more space at Luton airport, as part of a 10-year deal. The low-cost airline added that it’ll double the number of passengers it flies from the airport, where it's headquartered, over the next decade, to more than 9m a year. [...]
EasyJet agrees growth deal with Gatwick March 28, 2014 EASYJET has agreed to launch more flights at Gatwick as part of a deal on fees, forcing a reshuffle for other airlines at the airport. The budget carrier has signed a seven-year settlement that “incentivises the airline to grow at the airport”. The agreement means EasyJet will move its flights into the north terminal, in [...]
EasyJet raises forecasts as mild winter cuts plane de-icing costs March 25, 2014 A MILD winter has helped EasyJet beat forecasts, as the airline spent less than expected on de-icing its planes. The budget carrier said revenues per seat in the six months to the end of March rose by around 1.5 per cent, helped by the popularity of its new reserved seating as well as longer routes. [...]
EasyJet cuts loss expectations and forecasts rising revenue March 25, 2014 Budget airline EasyJet has slashed its expectations for a pre-tax loss in the six months to 31 March from between £70m and £90m to between £55m and £65m. The company also expects a rise in revenue per seat of 1.5 per cent. Analysts at Investec have taken kindly to the results upgrading EasyJet from "hold" [...]
EasyJet passenger numbers climb ever higher March 6, 2014 Budget airline EasyJet has reported a rise in passenger numbers of 2.9 per cent to 4.2m for February 2014. The FTSE 100 company enjoyed an even greater rise in passenger numbers of 3.5 per cent to 61.5m for the 12 months ended February. Part of the company's growing popularity is attributable to the success of [...]