Swiss Economicblogs.org
This week, Easyjet announced its first ever annual loss of nearly £1.3 billion, its only loss in 25 years of operating. © Dennis Dolkens | Dreamstime.comAs Covid-19 grounded the airline’s planes, revenue disappeared. Revenues for the year to 30 September 2020, were reduced to £3 billion, only 47% of the £6.4 billion earned the year before. Costs were cut by £1.7 billion from £6.0 billion to £4.3 billion, a drop of 28%. However, this was not enough to cover the £3.4 billion fall in...
Read More »Easyjet expands in Geneva adding a new aircraft
20 Minutes. On Friday, Easyjet added a 14th aircraft to its Geneva-based fleet. The new Airbus A320 will allow it to add new destinations. © Tommy Beattie | Dreamstime.com The new aircraft will create 36 new jobs on top of the current 500 at the airline’s Geneva base, Thomas Haagensen, Easyjet’s director of northern Europe, told Le Matin Dimanche. Last year, the airline flew 900,000 more people from Switzerland than it did in 2015. Part of the growth is due to the progressive replacement of...
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