Tag Archives: G-EUNB

easyJet increases its profit forecast

Fiona Cincotta, a senior market analyst at www.finspreads.com commented on the updated profit forecast of easyJet (London-Luton):

easyJet (UK) 2015 logo
easyJet impressed the market by increasing its profit forecast from a range of £620 million to £660 million to £675 million to £700 million on the back of a very strong summer and continued weakness in oil prices.

In August they carried 7.1 million passengers, a monthly record, whilst the proportion of occupied seats on each flight also reached an all time high of 94.4%.

This is great news for easyJet, who have staged an impressive recovery since earlier in the summer. Back in May easyJet issued a profit warning after air traffic control strikes in France led to a series of cancelations, which combined with the impact of two fires at Rome´s Fiumicino airport, resulted in the company wiping £25 million off its full year guidance.

Its definitely been a turbulent year for the budget airline and this has been reflected in the share price which slumped 17% following the profit warning in May. However, today’s news has seen the share price jump over 6% as investors become more confident in the future of easyJet.

Copyright Photo: Paul Bannwarth/AirlinersGallery.com. Airbus A319-111 G-EZDA (msn 3413) arrives at EuroAirport in the new look.

easyJet aircraft slide show: AG Airline Slide Show

AG Prints-6 Sizes

British to launch London City-JFK flights

Copyright Photo: Gerd Beilfuss.  Please click on photo for full view, information and other photos.

Copyright Photo: Gerd Beilfuss. Please click on photo for full view, information and other photos.

British Airways (London) tomorrow (September 29) will launch new Airbus A318 business class service (with 32 seats) from downtown City Airport in London to New York (JFK) via Shannon. Passengers will clear U.S. Customs at Shannon while the airliner is being refueled.

News link:

www.guardian.co.uk/business/2009/sep/28/ba-business-class-new-york