Today, SR Technics welcomed the 15th easyJet aircraft to its new two-bay facility in Malta.
Nectar points will be able to be exchanged for easyJet flights, following the creation of a new partnership between the UK’s largest loyalty programme and the UK’s largest airline. The initiative is backed by Nectar founding partner, Sainsbury’s.
easyJet, the UK’s largest airline, has today signalled the end of traditional week-long and fortnight holidays with the launch of easyJet Holidays. The collaboration between easyJet and the Lowcosttravelgroup, one of the leading on line travel companies in the UK, and offers consumers competitively priced, flexible and convenient holidays across the airline’s extensive network.
From today the new easyJet Holidays programme will go on sale for the first time exclusively through Teletext Holidays and the dedicated easyJet Holidays call centre, offering customers up to 5 million fantastic offers.
easyJet could launch its new low-cost tour operation outside the UK in a bid to save millions in VAT. easyJet Holidays – a joint venture between easyJet and Lowcost Travel – is expected to be registered in Switzerland in a bid to sidestep VAT under the Tour Operator’s Margin Scheme.
A surge of passengers and a fall in the cost of aviation fuel have seen profits almost triple at low-cost airline easyJet. Reporting full year results for the year to September 30th 2010 this morning, the Luton-based airline revealed it had made a profit of £154 million.
Sir Stelios Haji-Ioannou – founder of the easyGroup – has confirmed he will launch easyHoliday in October 2011. The move will put the entrepreneur in direct competition with low-cost airline easyJet, of which he remains a shareholder.
easyJet, the UK’s largest airline, today issues a reminder that Air Passenger Duty (APD) is set to rise again. The rise, to £12 on flights within Europe, means the tax will have increased by 140% since 2007.
easyJet has resolved a long-running dispute with founder Stelios Haji-Ioannou over a revised brand licence agreement. While the deal still requires a shareholder vote, if approved it will see Stelios give up the right to appoint himself as easyJet chairman in exchange for agreement on new co-branding agreements.
Shares in British Airways have rocketed this morning, as the British flag-carrier reported a sharp rise in passenger numbers. The picture was repeated at rival easyJet, with an expected increase in profits seeing the airline make the largest gains of the day on the FTSE 250.
The strength of the low-cost model in adversity has been proved again this summer as Ryanair and easyJet both posted buoyant traffic. The budget heavyweights collectively sold 12.88m seats in August, a rise of 10.5 percent year-on-year. Ryanair gained further market share by growing 12 percent against easyJet’s 8.4 percent rise.