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easyJet plc is a prominent European airline, primarily serving passengers across the continent. Beyond its core flight operations, the company also engages in aircraft leasing, organizes tours, and provides various financing services. As of September 2021, its extensive network spanned 927 routes, utilizing approximately 308 aircraft to connect 153 airports across 34 different countries. Seat sales are facilitated through diverse channels, including its official website (www.easyjet.com), the 'easyJet Worldwide' platform, its mobile application, global distribution systems, specialized…
EasyJet flight attendant staff in France will go on strike on August 15 and August 16 to demand better working conditions, the SNPC-FO trade unions said in a statement on Wednesday.
EasyJet shares rose Thursday afternoon after Apollo Global Management said it would buy the U.K. airline after private equity rival Castlelake announced it was withdrawing its bid. Castlelake last month unveiled an improved offer for the London-listed carrier, which was swiftly followed by a larger bid from Apollo.
Castlelake said on Thursday it was no longer pursuing a takeover of easyJet , ending its months-long buyout attempt of one of Europe's biggest budget airlines weeks after a higher bid from rival suitor Apollo Global APO.N.
EasyJet reported a 70% year-on-year decline in fiscal third-quarter profit on Thursday. The airline said disruption from the Iran war had increased costs during the quarter.
EasyJet PLC (LSE:EZJ) reported a 70% fall in third-quarter profit as the Middle East conflict pushed up fuel costs and weakened booking demand. The low-cost airline, which has also been busy fielding takeover offers in recent weeks, posted headline profit before tax of £85 million for the three months to June, down from £286 million a year earlier.