Easter chaos continues as UK airlines axe dozens of flights April 11, 2022 Easter’s travel chaos doesn’t show any signs of easing as UK airlines continue to axe dozens of flights. British Airways (BA) announced today it has slashed a further 64 flights to and from Heathrow – affecting both domestic routes such as Aberdeen and Edinburgh as a well as services to European getaways like Berlin and [...]
EasyJet, Asos and Savills among worst companies for gender pay gap April 6, 2022 Easyjet, Asos and Savills are some of the worst UK companies when it comes to gender pay gap, even though differences have narrowed for the second consecutive year. According to an analysis by the Times, while the overall median pay gap went down from 10 to 9.8 per cent on last year’s levels, women at [...]
Your flight too? Outrage and chaos at UK airports as tens of thousands are stranded after easyJet cancels record 222 flights April 4, 2022 Travel chaos and disruption is expected to continue today after easyJet cancelled more than 200 flights over the weekend, leaving tens of thousands of Brits stranded at airports across the UK. The airline blamed the problems on high levels of sickness among employees caused by Covid, with at least 222 trips axed since Friday. It [...]
Easyjet on track to rejoin FTSE100 February 22, 2022 Low-cost carrier Easyjet is on track to be added into the FTSE100, almost two years after falling from the index as a result of the pandemic’s economic impact. In an indicative review sent around today, benchmarking provider FTSE Russell reported the company’s potential addition to the index, adding the confirmation will be announced after market [...]
Hire away: Easyjet to recruit 1,000 pilots over the next five years January 31, 2022 Easyjet has announced it will recruit 1,000 pilots over the next five years, focusing on attracting more women. The low-cost carrier, who is expecting bookings to go back to almost pre-Covid levels by the summer, said it wants to recruit more women to tackle the industry’s blatant gender disparity. “We are delighted to be reopening [...]
What are ghost flights and what is the debacle around them? January 27, 2022 EasyJet’s chief executive Johan Lundgren this morning told investors the airline was in favour of airport slot rules going back to “a normalised delineation,” saying the carrier will not be forced to operate ghost flights to retain its slots. “We should remember that the reason why [governments] made these exceptions was because restrictions were in [...]
EasyJet CEO confident ‘testing will become a thing of the past’ January 27, 2022 EasyJet said this morning it is seeing a boost in bookings from the move to scrap Covid travel tests, after the spread of the Omicron variant hit passenger demand last month. The low-cost airline said Omicron saw its load factor – a measure of how well it fills its planes – slump to 67% in [...]
Going green: Easyjet to develop net-zero aircraft system January 10, 2022 Low cost-carrier Easyjet has partnered with aerospace firm Cranfield Aerospace Solutions to develop a hydrogen fuel cell propulsion system for commercial aircraft. The technology is initially being tested on a nine-seater plane, due to fly by 2023. Easyjet is expected to support Cranfield and provide the firm with expertise when it comes to deploying the [...]
Mayday: Year from hell in aviation as empty flights crash-land by staggering 71 per cent from pre-pandemic levels December 29, 2021 Covid-related travel restrictions led to a 71 per cent reduction in the number of international flights to and from UK airports this year compared with pre-pandemic levels, new analysis shows. Aviation analytics firm Cirium said around 406,060 international flights served UK airports during 2021 up to December 22, compared with 1,399,170 in the pre-pandemic period [...]
Travel sector and real estate lead FTSE firms through second year of bumper capital raises December 14, 2021 UK listed companies have raised £24.7bn new capital from investors in a strong second year of cash calls, as firms spent another twelve months prioritising their Covid recovery. FTSE companies raised more than £12bn of that in the second half of the year to November, as record low interest rates saw investors more willing to [...]