Despite facing challenges, such as air traffic control strikes and the hot weather reducing demand, easyJet has raised its profits forecast. Disruptions have cost the airline £25m more than the corresponding period in 2017, according to CEO Johan Lundgren....
Despite facing challenges, such as air traffic control strikes and the hot weather reducing demand, easyJet has raised its profits forecast.
Disruptions have cost the airline £25m more than the corresponding period in 2017, according to CEO Johan Lundgren. The strikes resulted in 2,600 easyJet flights being cancelled and the airline having to provide hotel rooms for 70,000 passengers.
EasyJet is to complain to the European Commission regarding the air traffic controllers’ strike, arguing that the failure to protect flights over France is a breach of EU law by restricting citizens’ freedom of movement.
These challenging circumstances haven’t stopped the airline’s revenue growth, however, as easyJet reported an increase of 14% in the last quarter to a total of £1.6bn. The airline flew almost 10% more passengers in the last quarter.
EasyJet also unveiled their new A321neo at the Farnborough airshow this week (pictured above). This is the first of 30 that the airline has ordered with six to be delivered by the end of 2018. Lundgren said: “The A321neo’s larger size will help us grow, especially at slot-constrained airports, where we can meet the traffic demands”. The new aircraft has seats for 49 more passengers than the A320, bringing capacity to 235. It’s also quieter and 15% more fuel efficient.
Transport secretary Chris Grayling commented: “This aircraft is typical of what’s going to allow aviation to continue growing, and become more environmentally and community friendly: it uses less fuel, makes less noise and carries more people.”
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