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EasyJet sees profits soaring after rivals falter

Tuesday, May 15, 2018 - 01:16

British low-cost airline easyJet expects profits to rise more than 30 percent this year as it benefits from strong travel demand and the collapse of some smaller rivals. As Lea Jakobiak reports, looking to build on that momentum, new CEO Johan Lundgren also said on Tuesday he would expand the company's holiday business, loyalty scheme and business offering.

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British low-cost airline easyJet expects profits to rise more than 30 percent this year as it benefits from strong travel demand and the collapse of some smaller rivals. As Lea Jakobiak reports, looking to build on that momentum, new CEO Johan Lundgren also said on Tuesday he would expand the company's holiday business, loyalty scheme and business offering.

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EasyJet sees profits soaring after rivals falter

Tuesday, May 15, 2018 - 01:16