The airline reported a pretax loss of 1.27 billion pounds for the year through September as passenger numbers halved to 48.1 millionEasyJet said Tuesday that it does not expect to fly more than around 20% of its planned services in the current quarter
1 min read17 Nov 2020The announcement came in a trading update to coincide with the start of the group's second halfEasyJet added that given the uncertainty, its outlook for the second half 'is now more cautious'
1 min read1 Apr 2019In choosing to slash his parachute in this way, Tony Fernandes may be making his airline more nimblebut should it ever hit an air pocket, he may come to regret the loss of security
2 min read1 Mar 2018Collapsed German airline Air Berlin has sold its subsidiary Air Berlin Aviation GmbH to Thomas Cook, continuing the carve-up of its business
1 min read3 Jan 2018Lufthansa will buy 81 of Air Berlin’s 144 aircraft and take on 3,000 of its 8,500 staff, CEO Carsten Spohr said in Berlin
3 min read12 Oct 2017The Irish no-frills carrier, Ryanair, which logged soaring quarterly profits on Monday, says it has made a 'non-binding offer' for its loss-making Italian rival Alitalia
3 min read24 Jul 2017EasyJet flight was diverted to Cologne-Bonn airport with 151 passengers evacuated on emergency slides
1 min read11 Jun 2017Lufthansa pilots staged a walkout on Wednesday demanding a pay rise of an average of 3.66% per year and better working conditions
1 min read24 Nov 2016The move follows concern companies could flee the uncertainty hanging over Britain's future relationship with the European Union
1 min read4 Jul 2016EasyJet stock fell over 16% after the company issued a profit warning, while British Airways parent IAG's shares were down 9.4%
1 min read27 Jun 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared