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In Domestic Affairs

Strikes at rivals help easyJet to move forward

8th October 2019

Strikes at rivals help easyJet to move forward Pin It

The British airline easyJet has taken full advantage of the recent strikes at competitors Ryanair and British Airways. The price fighter refined his forecasts when publishing the provisional annual figures. Sales in particular were boosted by the personnel campaigns at industry peers, the company reported without mentioning sales figures.

EasyJet is counting on a profit before tax from 420 million to 430 million pounds (470 million to 481 million euros) for the financial year that ran until September. The company previously anticipated a result of 400 million to 440 million pounds. In particular, the “solid final quarter”, in their own words, helped advance the results of the price fighter.

The total costs of society are expected to be 12 percent higher. According to easyJet, this has to do with the fluctuation in value of the British pound and higher fuel costs. The total passenger flow of easyJet increased by almost 9 percent on an annual basis to 96 million travelers.

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