You are here: Home - Household Bills - News -

Easyjet to sell package holidays

Written by:
Easyjet has announced plans to move back into the package holiday market, months after the collapse of rival Thomas Cook.

The firm said EasyJet Holidays will launch in the UK before Christmas and will offer beach and city holidays across Europe.

Earlier this month, Easyjet confirmed it had bought Thomas Cook’s airport slots at Gatwick and Bristol.

Chief executive, Johan Lundgren, said: “I am really thrilled that with the launch, before Christmas, of our brand new EasyJet Holidays business we are bringing flexibility and excellent value to the holiday market.

“We are now able to offer our customers more than 100 amazing beach and city holiday destinations, pairing Europe’s best short-haul flight network with more than 5,000 of Europe’s best hotels.  We believe there is a gap in the market for a modern, relevant and flexible business for today’s consumer.”

The announcement comes as the airline confirmed pre tax profits fell by 26 per cent to £427m in the year to 30 September, down from £578m the previous year.

However, revenue was up 8.3 per cent to £6,385m and passenger numbers increased by 8.6 per cent to 96.1 million.

The airline also announced plans to become “the world’s first major airline to operate net-zero carbon flights across our whole network”.

Lundgren said: “We are doing this by offsetting the carbon emissions from the fuel used for all of our flights.

“Our priority is to continue to work on reducing our carbon footprint in the short term, coupled with long-term work to support the development of new technology, including electric planes, to reinvent aviation for the long-term.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

The savings accounts paying the most interest

If one of your jobs this month is to get your finances in order, moving your savings to a higher paying deal i...

Coronavirus and your finances: what help can you get?

News and updates on everything to do with coronavirus and your personal finances.

Everything you need to know about being furloughed

If you’ve been ‘furloughed’ by your company, here’s what it means…

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

Money Tips of the Week

Read previous post:
How to avoid hefty car repair bills this winter  

Steps you can take to make sure your vehicle is ready for the cold weather.