1. EasyJet posts wider net loss, aims to boost fuel efficiency
- Author
-
Stone, Rod
- Subjects
easyJet PLC -- Company sales and earnings ,easyJet PLC -- Company forecasts ,easyJet PLC -- Reorganization and restructuring ,Airlines ,Company earnings/profit ,Company business forecast/projection ,Company restructuring/company reorganization ,Company organization ,Banking, finance and accounting industries ,Business ,Business, international - Abstract
Budget airline EasyJet PLC announces a net profit loss of 43.3 million pounds sterling for the six months ending March 31, while revenue rose 24% to 892.2 million pounds sterling. Article discusses EasyJet's financial standing, operating costs, efforts to reduce expenses by streamlining operations, and the effects of high fuel prices on the company's profit and revenue.
- Published
- 2008