Low-cost airline easyjet on the rise

Low-cost airline easyjet on the rise

Bottom-line profit rose to 255 million pounds (317.5 million euros) from a year earlier, the company said tuesday in luton, near london. In the current year, easyjet plans to expand its capacity by a further 3.5 percent. "Wherever we look, there are opportunities everywhere," said chief executive carolyn mccall.

Easyjet is number two in the european low-cost airline market behind its irish competitor ryanair, which paid 48 million passengers in the first half of its new fiscal year alone. The british airline achieved growth primarily in countries such as italy, spain and portugal. "When the economy is bad, the price pays even more," said a spokesman. As the number of passengers increased, so did revenue, which climbed by twelve percent to around 3.0 billion pounds. Mccall confident for the current year despite weak economy in europe.

The two major low-cost carriers are trying to attract new customers with similar models. Passengers can now pre-book their seats with both ryanair and easyjet. For easyjet, the changes have already brought in new target groups: "the uk house of commons and the ministry of defense have signed business travel contracts with us," said mccall. The low-cost airline, once notorious for devastating delays, also managed to improve its punctuality significantly.

In germany, easyjet is currently focusing in particular on the capital city of berlin, where three new routes will be added from march onwards. Easyjet has significantly reduced its routes at the ruhr airport in dortmund, germany. Mccall now classifies dortmund as "non-essential. Easyjet also serves the airports of munich, hamburg, colombonn, dresden and dusseldorf.

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