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EasyJet CEO says carrier ‘not feeling rival’s pain’ on pricing

Operators
Gary Noakes
24 July 2024

EasyJet’s boss has stressed the airline is not suffering the same downturn in revenue flagged by rival Ryanair earlier this week.

easyJet chief executive Johan Lundgren

EasyJet CEO Johan Lundgren is optimistic about 2024

Ryanair blamed "frugal passengers" for a 46% downturn in profits this April, May and June to £338 million, with chief Michael O’Leary promising "materially lower" fares in the coming months.

During the same period, easyJet’s profits increased by 33%, albeit to a lower headline figure of £236 million.