EasyJet reassures despite tough environment
EasyJet said it would meet expectations in 2019 despite a worse trading environment than last year as worries over Brexit and economic weakness in Europe hurt consumer demand. EasyJet had already said last month that its outlook for the second half of the year was more cautious because European travellers were holding off booking their summer holidays for fear of how the Brexit process will pan out. Moving into the summer, EasyJet said that forward bookings for Q3 were 3 percentage points behind last year at 72%. "It's not so much that there isn't any demand out there, but it's definitely a tougher trading environment, which has an effect on the pricing," CE Johan Lundgren said. EasyJet said its performance in the 6 months to March 31 was in line with expectations. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-05-20/unaligned/easyjet-reassures-despite-tough-environment
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EasyJet reassures despite tough environment
EasyJet said it would meet expectations in 2019 despite a worse trading environment than last year as worries over Brexit and economic weakness in Europe hurt consumer demand. EasyJet had already said last month that its outlook for the second half of the year was more cautious because European travellers were holding off booking their summer holidays for fear of how the Brexit process will pan out. Moving into the summer, EasyJet said that forward bookings for Q3 were 3 percentage points behind last year at 72%. "It's not so much that there isn't any demand out there, but it's definitely a tougher trading environment, which has an effect on the pricing," CE Johan Lundgren said. EasyJet said its performance in the 6 months to March 31 was in line with expectations. <br/>
