Nothing's 'Easy,' As EasyJet Finds | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.20.24

Airborne-Unlimited-05.28.24

 Airborne-Unlimited-05.22.24 Airborne-FlightTraining-05.23.24

Airborne-Unlimited-05.24.24

Thu, May 08, 2003

Nothing's 'Easy,' As EasyJet Finds

Even the Low-Cost Airlines Face Profit Problems

Even though, partly because of its acquisition of Go Airlines, EasyJet's revenues and passenger boardings were up significantly during the first of half of this fiscal year, its profit picture didn't manage to stay in the black.

Net losses for the period were reported at just over $75.5 million, compared with a same-period profit of about a million dollars last year.

Load factors, too, improved; and April's RPMs were up better than a third, so CEO Ray Webster predicts improvement, though he isn't getting pinned down on timing or magnitude. He issued a statement that said he expects this improvement, "...with yields continuing to be under some pressure compared to last year, offset to an extent by the reduction in the rate of growth of capacity which occurs in the second half of the year."

FMI: www.easyjet.com/en

Advertisement

More News

Aero-News: Quote of the Day (05.25.24)

“Warbirds in Review features veterans, aviation legends, and aircraft that simply cannot be seen together in one place anywhere else in the world. Many of these veterans main>[...]

Airborne 05.22.24: NS-25 Chute Failure, #HonorTheWASP, SkyCourier 'Combi'

Also: VAI v Anti-Heli Actions, Electric Aircraft Symposium, 2024 FAA Drone/AAM Symposium, Gravitymaster Blue Origin's seventh passenger flight ended with a smidgeon of drama when o>[...]

Aero-News: Quote of the Day (05.26.24)

“The importance of this YF-16 paint scheme is celebrating 50 years of the F-16 Viper. Everyone at Edwards has a big sense of pride for not only supporting the Viper Demo Team>[...]

ANN's Daily Aero-Linx (05.26.24)

Aero Linx: National Aeronca Association We are dedicated to supporting the design and preserving the history of Aeronca aircraft. Founded by Jim Thompson and fostered by his leader>[...]

Klyde Morris (05.24.24)

Klyde Sounds Like He's Defining An 'Influencer' FMI: www.klydemorris.com>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.28.24: Jump Plane Down, Starship's 4th, Vision Jet Problems

Airborne 05.24.24: NPS Kills Rushmore Flyover, VAI v NYC, New Reno Home-Roswell!

Airborne 05.20.24: Van's BK Exit, Bud Anderson, Air Race Classic

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC