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Articles tagged “easyjet”

EasyJet Easing Performance Targets as CEO’s Pay Fell 75 Percent in 2016

EasyJet Easing Performance Targets as CEO’s Pay Fell 75 Percent in 2016

Benjamin Katz, Bloomberg

Brexit has put easyJet's earnings under pressure so the board eased performance targets for CEO Carolyn McCall and other executives. This Brexit impact is for real.

3 days ago

EasyJet Hopes Its Plan to Invest in Start-Ups Will Help It Stay Ahead of Competition

EasyJet Hopes Its Plan to Invest in Start-Ups Will Help It Stay Ahead of Competition

Patrick Whyte, Skift

For a relatively small outlay, EasyJet will effectively have an interest in 35 companies. Many of these will likely come to nothing but even if only a couple succeed the initial investment will seem like a bargain.

2 weeks ago

This Is Why Warren Buffett Probably Has Little Interest in European Airline Stocks

This Is Why Warren Buffett Probably Has Little Interest in European Airline Stocks

Chris Bryant , Bloomberg

Europe's airlines likely must consolidate further if they are going to match U.S. airline industry profitability. That should eventually happen — some CEOs of the continent's more powerful airlines talk about making further acquisitions — but nothing is imminent. So Europe's airline stocks may not be great buys, yet.

3 weeks ago

EasyJet Expects Brexit Hangover to Carry on Into 2017

EasyJet Expects Brexit Hangover to Carry on Into 2017

Benjamin Katz, Bloomberg

The fact that EasyJet is set to face continuing problems from the UK's Brexit vote shows just how serious an issue it is for the travel and tourism industry. The airline will be hoping that by dealing with things now it can prevent the situation escalating further down the line.

3 weeks ago

EasyJet Is Trying to Hold on to Its Executive Suite While Earnings Lag

EasyJet Is Trying to Hold on to Its Executive Suite While Earnings Lag

Benjamin Katz and David Hellier, Bloomberg

Will we see other UK travel companies have to worry themselves about execs making their own Brexit base on salary concerns?

1 month ago

Skyscanner Leads Europe’s Record Year for Venture Capital Funding in Travel

Skyscanner Leads Europe’s Record Year for Venture Capital Funding in Travel

Dan Peltier, Skift

While Skyscanner mulls an IPO and other European travel companies and startups attracted venture capital funding in 2016, things might be trending downward. Investors will likely be more timid in 2017 as European travel brands confront challenges wrought by Brexit, terrorism and local economies.

1 month ago

Investors Fret as European Airlines Lower Their Fares

Investors Fret as European Airlines Lower Their Fares

Chris Bryant, Bloomberg

It is possible to imagine things getting worse. If the cost of fuel rises unexpectedly, which, while not likely, is always possible, Europe's airlines will be in much more dire shape. Airlines may have gotten into this position because of cheap fuel, but that does not mean expensive fuel is the answer to getting out of it.

2 months ago

EasyJet Blames External Shocks For First Profit Slump Since 2009

EasyJet Blames External Shocks For First Profit Slump Since 2009

Christopher Jasper, Bloomberg

Like many airlines, EasyJet has endured a traumatic 2016 with myriad external issues affecting the company. CEO Carolyn McCall will be hoping next year brings less turbulence.

2 months ago

EasyJet, IAG CEOs Say Market Overreacted to Brexit

EasyJet, IAG CEOs Say Market Overreacted to Brexit

Brian Sumers, Skift

Yes, Brexit is a big deal politically in the United Kingdom. But the decision should not affect the nation's airlines much.

3 months ago

Will Low-Cost Airlines Benefit From a Brexit-Induced Corporate Travel Slowdown?

Will Low-Cost Airlines Benefit From a Brexit-Induced Corporate Travel Slowdown?

Patrick Whyte, Skift

If the UK economy moves into recession, companies will look to slash their corporate travel budget. Full service carriers like British Airways are likely to take the bigger hit, which could benefit low-cost airlines like easyJet.

4 months ago

For Web Redesign, EasyJet Looks To E-Commerce Firms for Inspiration

For Web Redesign, EasyJet Looks To E-Commerce Firms for Inspiration

Brian Sumers, Skift

Given how crummy some airline websites are, it makes sense EasyJet is not looking to competitors for digital inspiration.

5 months ago

Fearing Terrorism, Coups and Brexit Now Means Europeans Fly Less

Fearing Terrorism, Coups and Brexit Now Means Europeans Fly Less

Associated Press

U.S. airlines might be reporting near record profits, but that's not the case in Europe, where travelers are fearful.

5 months ago