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EasyJet, the second-largest discount airline in Europe after Ryanair, is adjusting its strategy and increasing the size of its fleet, and it is also paying a shareholder dividend for the first time in the airline’s 15-year history. EasyJet’s CEO, Carolyn McCall, took over in July and has been conducting a strategy review at the urging of [...]  The global financial crisis hurt the travel industry enough in 2010, but the volcanic ash cloud that caused most European airlines to close for five days during April was symbolically simply an additional catalyst for disaster. This week, TUI Travel and Easyjet announced their costs from the volcano’s eruption with losses of £78.7 from Easyjet, which [...] |
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