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Low-Cost Airline Plans Price Increases
Summary by Sydsvenskan
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4 Articles
Sydsvenskan+2 Reposted by 2 other sources
If the price of jet fuel continues to rise, it will lead to more expensive airline tickets this winter, warns Kenton Jarvis, CEO of British low-cost airline Easyjet.
·Malmö, Sweden
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If the price of jet fuel continues to rise, it will lead to more expensive airline tickets this winter, warns Kenton Jarvis, CEO of British low-cost airline Easyjet. And Easyjet – which has been on the verge of acquiring a new major owner since August in the form of the American venture capital company Apollo – is already planning to cut flight capacity by up to 700,000 seats to adapt its operations. Apollo's purchase of a checkpoint is schedule…
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