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 [...]
Airlines stocks jump as Omicron concerns are shrugged off December 6, 2021 The shares of several airlines – including British Airways’ owner IAG, Easyjet and Ryanair – jumped today, as a result of carriers shrugging off concerns about the latest Covid variant, Omicron. Evidence showing the mild effects of Omicron, which has not yet caused any deaths, has led to IAG going up to 142.26p from a [...]
Easyjet adopts a more aggressive strategy to face rivals December 5, 2021 Easyjet’s chief executive Johan Lundgren is reportedly adopting a more aggressive business strategy, following accusations of having behaved too cautiously during the pandemic. Lundgren stated that, after seeing encouraging signs for next summer, he expects demand to go back to pre-Covid levels, allowing the company to buy slots at airports such as London Gatwick. The [...]
Easyjet is coming to town: Airline announces second Lapland route December 3, 2021 Easyjet announced today the opening of its newest service to Lapland, with the first flight departing this morning. The new route – linking London Gatwick to the Finnish city of Kittila – joined an existing service connecting the British capital to Santa Claus’s hometown of Rovaniemi. Flights to Rovaniemi, which departed for the first time [...]
Omicron hits Easyjet bookings as losses swell to over £1bn November 30, 2021 Easyjet said this morning that its losses have jumped to more than £1.1bn, and the airline’s bookings are currently impacted by concerns over the Omicron Covid variant. In the year ending 30 September, the carrier registered a 52 per cent decrease in revenue, going down to £1.4bn. Due to air travel restrictions and lockdowns implemented [...]
Easyjet recruiting 1,500 seasonal cabin crew for summer 2022 November 23, 2021 Easyjet is recruiting 1,500 seasonal cabin crew roles across Europe to serve the ramp up in demand that is expected to take place next summer. Working between March and October 2022, most of cabin crew members will be based in the UK. An additional 250 members will go back to working for Easyjet having operated [...]
Green aviation is a “fairytale”, say environmental stakeholders November 10, 2021 Without policy and behavioural change, efforts to develop green aviation and zero-carbon flying will not get the sector to reach its targets fast enough, the UK’s Aviation Environment Federation (AEF) argued. “Our politicians seem to be living in a fairytale world where the aviation sector quits its dependence on fossil fuels – and overcomes all [...]
Easyjet joins Race to Zero on COP26 Transport Day November 10, 2021 Easyjet joined the UN-backed Race to Zero campaign – which aims to achieve net zero emissions by 2050 – on the same day as COP26’s transportation day. Presenting its roadmap in the next few months, the carrier has committed to set an interim target for 2035, while working towards the 2050 objective. “Joining Race to [...]
Athens calling: UK airlines prepare for Greece summer boom November 8, 2021 UK airlines are increasing the number of flights to Greece in preparation for next summer’s boom in tourism, the Financial Times reported. Carriers are ramping up their pre-pandemic capacity, with Jet2 adding 1 million seats compared to 2019’s capacity and Easyjet increasing its tickets by 500,000. “Having met most of the tour operators and airline [...]