Easyjet takes £15m hit from ‘unacceptable’ French air traffic control strikes July 17, 2025 Easyjet has revealed a hit of around £15m from recent air traffic control disruption in France as it warned the “scale of industrial action” would impact annual profits. “We are extremely unhappy with the strike action by the French ATC in early July, which as well as presenting unacceptable challenges for customers and crew also [...]
Easyjet update in focus after flights cancelled due to French strikes July 13, 2025 Easyjet will be looked to for any guidance on the impact of recent French air traffic control strikes when it updates on Thursday after it revealed hundreds of flights had to be cancelled. The group joined budget rival Ryanair in scrapping flights to and from France for two days in July due to the industrial action, [...]
Ryanair axes 800 flights due to Middle East conflict July 2, 2025 Ryanair has said it axed more than 800 flights last month due to the conflict in the Middle East, even as monthly passenger traffic edged up. Europe’s largest airline by passenger numbers on Wednesday reported a three per cent year-on-year increase in traffic in June to 19.9m. Wizz Air, another budget airline with high exposure [...]
Wizz Air: Shares tank as profit tumbles June 5, 2025 Wizz Air reported a hefty drop in annual profit as it grapples with long-running supply chain issues and conflict in Ukraine and the Middle East. Shares tanked 22.7 per cent as markets opened on Thursday. Annual operating profit fell 51.7 per cent year-on-year to €167.5m (£141m), below analyst expectations, even as passenger traffic hit a [...]
Ryanair boss Michael O’Leary qualifies for monster €100m bonus May 29, 2025 Ryanair chief executive Michael O’Leary is set for a monster €100m (£84.2m) bonus after the Irish airline’s shares hit a key performance target. Shares in Ryanair closed at €23.74 on Thursday, marking the 28th consecutive day the stock has closed above €21 – the target O’Leary was set as part of a 2019 incentive scheme. [...]
Easyjet is ‘significantly undervalued,’ says Peel Hunt May 29, 2025 Easyjet shares edged up on Thursday alongside a bullish earnings outlook from Peel Hunt for the year ahead. “We believe Easyjet is significantly undervalued,” analysts at Peel Hunt said in a note, with shares rising around 2.8 per cent by mid-morning. Sustained travel demand has underpinned the budget airline’s growth and is yet to tail [...]
Easyjet holds guidance as it eyes £700m profit May 22, 2025 Easyjet has doubled down on full-year guidance as forward bookings showed promise ahead of summer. The low-cost carrier said bookings had been such that it expects to meet a prior target of £703m for annual pre-tax profit. Headline pre-tax losses came in at £394m, up 13 per cent year-on-year for the six months ended 31 [...]
Ryanair profit falls as Boeing delivery delays bite May 19, 2025 Ryanair’s annual profit dipped significantly in its latest financial period despite passenger numbers reaching record levels, as the Irish airline took a swipe at Boeing for aircraft delivery delays. Europe’s largest airline reported a 16 per cent decline in post-tax profit to €1.61bn (£1.4bn) over the 12 months ended 31 March. Ryanair blamed the drop [...]
Brits back Ryanair calls for two drink limit at UK airports April 22, 2025 Brits overwhelmingly back a two drink limit at UK airports to stop drunken passengers disrupting flights, a new survey has found. Yasper Communications agency polled more than 2,500 people and found 60.7 per cent either agreed or agreed strongly with the idea. Only 10.8 per cent of Brits disagreed or disagreed strongly with the introduction [...]
China halts Boeing deliveries as trade war intensifies April 15, 2025 China has instructed its airlines to stop taking deliveries from Boeing, in the latest twist in the country’s fast-moving trade war with the US. Sources familiar with the matter told Bloomberg that officials had also requested Chinese carriers halt purchases of any aircraft-related equipment and parts from US companies. Donald Trump has imposed tariffs as [...]