Tag: $Easyjet

EasyJet shares fell after the U.K. budget airline flagged weakening revenue trends in its fiscal second quarter, despite reporting an improved first-quarter performance.

Spain’s Ministry of Consumer Rights on Friday slapped a $179 million euro ($186 million) fine on five low-budget airlines for “abusive practices” including charging additional cabin luggage fees.

British airline easyJet said it was confident ahead of the summer season, when it makes all its profit, helped by strong booking levels, higher ticket prices and the growth of its holidays business.