easyJet plc

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  • 1,106.50p
  • -5.00p (-0.45%)

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easyJet share price heads south even as airline lifts profit outlook

easyJet share price heads south even as airline lifts profit outlook

Outgoing CEO expects yields to remain under pressure amid competition

5 days ago

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About easyJet plc

EasyJet plc (LON:EZJ) is a British low-cost airline carrier operating principally in Europe. Its subsidiaries include easyJet Airline Company Limited, easyJet Switzerland S.A., easyJet Sterling Limited and easyJet Leasing Limited.
The company is based in Luton, the United Kingdom and has 23 bases across Europe, the largest being Gatwick. EasyJet is the largest airline of the United Kingdom, measured by number of passengers carried. The low-fare carrier operates more than 600 routes in about 30 countries, including popular vacation spots, as well as business centres throughout Europe and a few in North Africa and the Middle East. Its fleet consists of over 200 primarily Airbus jets. The company is also involved in trading and leasing of aircraft.
EasyJet was founded in 1995 by Sir Stelios Haji-Ioannou as part of the EasyGroup conglomerate. In 2002, the company merged with rival airline Go. In 2007, the company purchased the entire share capital of GB Airways from the Bland Group.
EasyJet is listed on the London Stock Exchange and since March 2013 is a constituent of the FTSE 100 Index.

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