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Europe Airports - News Item 03/09/09

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03/09/09 Easyjet to Close East Midlands Base reduce Luton

Easyjet has announced that it is to close it's base at East Midlands Airport next year where it currently has 3 aircraft and employs 120 staff, and to reduce its flying programme from London Luton airport by 20%

As with earlier announcements from Ryanair, Easyjet blames high charges at the airports concerned and will be moving it's aircraft to other European bases that aare more profitable. The airline also blames the Airport Passanger Duty payable in the UK, for adding to the reduced economic returns from UK routes.

Easyjet, on their web site, point out that they are a European airline and:

easyJet issued its August traffic numbers this morning which showed that easyJet carried 4,800,336 passengers in August 2009, an increase of 4.7% on the previous August. Passenger load factors increased from 91.3% to 91.8% year on year.

In its third quarter Interim Management Statement (IMS) released on 29 July 2009 easyJet made the following comment on current year financial outlook: “For the year to 30 September 2009 easyJet will deliver underlying pre tax profit in the range of £25million to £50million.“

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