The low cost easyJet in an air pocket

by time news

The company is left behind by Ryanair and Wizz Air, which offer more flights than before the pandemic in the same period and lower prices.

In Luton

A hangar dedicated to aircraft maintenance at the headquarters of easyJet, in the outer suburbs of London. It is in this place of cathedral proportions that the director general of the company, Johan Lundgren, took his world by surprise on Monday: finished by the end of the year to offset the carbon emissions of his flights. From now on, its motto is to reduce these CO2 emissions. 35% by 2035 and 78% by 2050.”We believe it can be done. But we also recognize that it is ambitious“, he says.

In the air sector, the fight against global warming is one of the rare areas where the orange company is still one step ahead: overall, it is one of the losers in the health crisis. It has been left behind by its direct competitors, Ryanair and Wizz Air, which charge even lower prices. “For two and a half years, easyJet has fallen more on the stock market than the other two. And the trend has no reason to bend soon

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