Airspace reform is being ‘shackled by needless bureaucracy,’ Easyjet chief warns September 4, 2024 UK and European airspace reforms that would reduce flight times and emissions are being “shackled by needless bureaucracy,” according to the chief executive of Easyjet. Speaking at a Net Zero conference in Bedford, Johan Lundgren said airspace modernisation was the “quickest way to reduce carbon emissions” but warned it couldn’t be “kicked down the road [...]
Rolls-Royce shares top the FTSE 100 despite Cathay Pacific engine issues September 3, 2024 Cathay Pacific was forced to ground fleets for inspection after it discovered a "first of its type" component fault in one of its Rolls-supplied engines.
Aircraft orders still lagging behind despite UK airlines hitting 2024 high August 23, 2024 The number of aircrafts being ordered by UK airlines hit its highest monthly figure in July as a slew of deals at the Farnborough Airshow helped the industry weather wider supply chain issues. Some 131 orders were placed over the month, outpacing every other month in 2024 and representing the largest July delivery rate on [...]
Easyjet ‘on track’ for another record summer as profit rises on strong travel demand July 24, 2024 Chief executive Johan Lundgren said the strong performance had been driven by booming demand for the Easyjet's network of routes.
Is the post Covid boom over? A reality check for Ryanair, Easyjet, Wizz Air and Jet2 July 23, 2024 Monday saw shares in Easyjet, Wizz Air, Jet2 and British Airways owner the IAG plunge dramatically after an unexpectedly poor set of results from Ryanair.
Shares in Ryanair rivals Easyjet, Wizz and Jet2 slump after Michael O’Leary’s warning July 22, 2024 "Fares are now moving materially lower than the prior year and pricing… continues to deteriorate," Ryanair's boss Michael O'Leary said in a presentation announcing its latest results.
Ryanair: Michael O’Leary says summer fares will be ‘materially lower’ as profit falls July 22, 2024 Chief executive Michael O'Leary warned shareholders that fares in the upcoming quarter would be "materially lower than last summer."
Delays at Heathrow, Stansted and Gatwick airports as global IT outage grounds over 4,000 flights July 19, 2024 A global IT outage has wreaked havoc on air travel and caused the cancellation of over 1,000 flights worldwide on Friday - with the number expected to climb as the day progresses.
Which London airport did Emirates’ airlines boss compare to a ‘post-Second World War’ hub? June 4, 2024 The head of Emirates airlines has said Heathrow is "seriously lagging behind" rival hubs and compared it to a run down Second World War airport.
Easyjet shares encounter turbulence as chief Lundgren steps down May 16, 2024 Easyjet has continued to power ahead as consumers jet off on holiday.