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Tag easyJet
Strong bookings make easyJet positive for HY1 2023
easyJet expects to significantly reduce its HY1 losses this financial year 2023, based on continued strong demand for tickets and package holidays. The low-cost airline benefitted from strong bookings in its first quarter (October-December), reducing the pre-tax headline loss to £-133…
BA Euroflyer gets ready to stand on its own feet
British Airways can finally realize its low-cost aspirations after its subsidiary BA Euroflyer has received its own Air Operator’s Certificate (AOC) and Operating Licence (OL). BA Euroflyer will now gradually take over the parent airline’s international short-haul network at London…
easyJet benefits from strong demand and business transformation
European low-cost carrier easyJet significantly reduced its losses in FY22, thanks to a strong summer that produced a record-high EBITDAR. For FY23, the airline will try to focus on its key markets to build back to pre-pandemic levels. And it will…
Rolls-Royce completes first test with hydrogen engine
It’s just the first of many tests, but Rolls-Royce has successfully completed testing direct-burn of hydrogen in a modified aircraft engine. A number of tests were done in early November as part of a joint program with easyJet. Rolls-Royce completes first…
easyJet significantly reduces losses for FY22
easyJet will present its full-year results for FY22 only on November 29, but in a trading update released today, it anticipates to significantly reduce its year-on-year loss. The headline loss before tax is expected to be between £-170 and £-190 million,…