Previous close | 111.76 |
YTD return | 2.78% |
Expense ratio (net) | 0.00% |
Category | N/A |
Last cap gain | N/A |
Morningstar rating | ★★★★★ |
Morningstar risk rating | Average |
Sustainability rating | N/A |
Net assets | N/A |
Beta (5Y monthly) | 0.25 |
Yield | 0.00% |
5y average return | N/A |
Holdings turnover | N/A |
Last dividend | N/A |
Average for category | N/A |
Inception date | 09 Feb 2024 |
No-frills carrier reports record quarterly £200m profit as rebound in travel industry gathers pace
Britain's easyJet would be prepared to change its routes if heatwaves change holiday habits in the years to come, the airline's chief executive Johan Lundgren said on Thursday. His comments came as the airline reported record Q3 results on the back of strong travel demand even as temperatures soared across southern Europe in recent weeks. A report by the European Travel Commission showed that tourists were taking more of an interest in travelling to more northern locales to dodge heatwaves and were booking fewer holidays to the Mediterranean in the peak summer months.
LONDON (Reuters) -British airline easyJet's fast-growing holidays business is on track to become one of the biggest players in Europe and is targeting French and German markets for the next stage of expansion, its CEO said. While low-cost giant Ryanair sticks to no frills flying, its tangerine-liveried competitor easyJet is building a travel company to try to grow by selling holidaymakers a bigger slice of their trip. Former TUI executive Garry Wilson was hired in 2018 by easyJet CEO Johan Lundgren, his former boss at TUI, to head a digitally focused holiday business that launched the following year, replacing the airline's smaller and mainly outsourced holiday unit.