EasyJet prepares to take more Thomas Cook market share via package holiday business

EasyJet is gearing up to reveal the details of its upcoming package holiday subsidiary, as the industry scrambles to fill the gap in the market left after the collapse of Thomas Cook. The carrier, which reports its full-year financial results next week, will relaunch the package holiday business, EasyJet Holidays, before Christmas, but has so far given few details. But it is said to be planning to give more away to the public next week as CE Johan Lundgren’s 2-year ambition to move into the package holiday business at the firm inches closer to becoming a reality. Lundgren, a former executive at Tui, which is a major player in the space, believes a package holiday business would bolster the airline’s otherwise underwhelming recent financial results. <br/>