11 MAY 2009
BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.
The Business Travel News
PO Box 758
Edgware HA8 4QF
+44 (0)20 8952 8383
© 2020 Business Travel News Ltd.
EASYJET seems to be in something of a turmoil with founder and largest shareholder Sir Stelios Haji-Ioannou seemingly at war with the executive board. CEO Andy Harrison wants to replace the remaining Boeing fleet with 91 new Airbus for a net increase of 28 aircraft. Stelios appears to be more cautious and is making noises that now is not the time for major investment. easyJet said pre-tax losses in the six months to the end of March had risen from UKP57.5m to UKP116.5m, despite a 16% increase in revenue from UKP892m to UKP1.03bn. The airline expects to be profitable for the whole year. www.easyjet.com
All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum
No one has commented yet, why don't you start the ball rolling?