EASYJET and Wizzair have confirmed flights will be delayed after Airbus identified a major software issue. It is understood up to 6,500 planes from the world’s most popular short-haul fleet Brits

easyJet has revealed that despite the low-cost carrier welcoming 16 new Airbus A320neo and A321neo aircraft during the 12 months to September 2024, its average fleet age increased slightly, driven the airline adding eight second-hand A320ceos. The low-cost ...

LONDON, May 15 (Reuters) - Low-cost airline easyJet cut its losses in half in the six months to April and is nearing a decision on whether to upgrade its fleet with updated Airbus or Boeing jets. Sign up here. Europe's second-largest budget carrier behind ...

easyJet has upgraded its 2014 order with Airbus to 30 A321neo aircraft as it seeks to enable growth in slot-constrained airports and manage costs. The airline, which had originally ordered 30 186-seat A320 units, told the Stock Exchange that upgrading to ...

easyJet saw revenue growth in HY24, with strong demand throughout the winter season and significant growth in Holiday revenues. Unit costs declined excluding fuel costs, with plans to increase profits per seat and reduce winter losses through fleet ...

Despite that, easyJet trades at its steepest ever discount to Ryanair. The stock sits at a 46% P/E discount and a 40% EV EBIT discount, far wider than the long term average of about 12% on both measures. Analysts said the multiple gap should narrow because easyJet has greater upside to a firm pricing environment.

EasyJet, the second largest U.K.-based low-cost airline, will modify its fleet of in-service Airbus A320 jets with a Flight Management System (FMS) software upgrade that will help its pilots reduce fuel burn, noise, and emissions during the approach phase ...

British carrier easyJet reported better-than-expected full-year operating profit on Tuesday and lifted its medium-term target for its holidays business after meeting the previous goal early.