EasyJet rides out cancellations with 10% rise in passengers

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EasyJet boss Carolyn McCall landed nearly half a million more passengers last month — flying in the face of cancellations after the downing of a Russian passenger jet in Egypt.

The budget airline has suspended flights to the Egyptian resort of Sharm el-Sheikh until January after security concerns were raised when a Russian plane crashed in Egypt because of a terrorist attack.

It was forced to rescue tourists who were stranded in the resort during a frenetic few days last month.    

A total of 176 easyJet flights were cancelled from Sharm el-Sheikh during November, bringing the total to 378 for the month compared to 16 in November 2014.

Bad weather was blamed for the rest of the cancelled flights.


easyJet chief executive Carolyn McCall (Picture: Reuters)

McCall’s take-home pay fell by almost a third last year, the annual report, released on Friday, revealed.

Her total package was £6.2 million down from £9.2 million as her long-term share incentives fell by £3 million to £4.5 million.

Despite the headwinds, easyJet lured 421,626 more passengers during November, taking the number of sunseekers settling into seats to about 4.8 million — 10% higher than last year. 

This coincided with a personal triumph for McCall, who has been voted Britain’s most-admired leader by Management Today.

Source Article from http://www.standard.co.uk/business/easyjet-rides-out-cancellations-with-10-rise-in-passengers-a3130096.html

December 4, 2015 |
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