Budget airline Wizz Air downgrades profit guidance as higher fuel prices bite November 7, 2018 Budget carrier Wizz Air has downgraded its full-year profit guidance by 21 per cent due a surge in fuel bills of $80m (£70m). The figures Wizz Air's previous profit guidance was in the region of €310m-€340m but the airline now expects to make between €270m-€300m. In the six months to 30 September, Wizz Air carried 18.8m passengers, up 20 per [...]
FTSE round up: Unilever boosts index as Easyjet sinks October 19, 2018 The FTSE 100 closed up 0.8 per cent for the week on after climbing to 7,051.41 today on the back of strong performances from consumer goods companies Reckitt Benckiser and Unilever. Unilever’s shares were up 3.11 per cent, reversing yesterday’s losses which followed it delivering a solid, but slightly underwhelming set of third quarter results. [...]
Easyjet passenger numbers climbed to 8m in September as Ryanair grappled with strikes October 4, 2018 Easyjet's passenger numbers for last month climbed to 8.8m last month, including numbers it has taken from flying from Berlin's Tegel airport. The number is an 14.2 per cent increase from September last year, when the airline carried 7.7m passengers. Earlier this year the airline started operations at Tegel airport after taking over parts of Air [...]
Easyjet and Virgin Atlantic team up to offer transatlantic connections October 2, 2018 Low-cost airline Easyjet has partnered with Virgin Atlantic to connect passengers through Gatwick Airport to destinations including the US. Easyjet has chosen Virgin Atlantic as its flight partner for its Worldwide scheme to allow passengers to connect to places in the US such as Orlando and Las Vegas, as well Antigua and St Lucia in the [...]
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 [...]