Edition: International | Greek
MENU

Home » Business

EasyJet targets German expansion

By: EBR - Posted: Thursday, September 22, 2005

EasyJet targets German expansion
EasyJet targets German expansion

British low-cost carrier easyJet aims for double-digit growth in Germany to boost its market share to 20 percent, a paper has quoted the German chief executive as saying.

"Last year we had a market share in Germany of 2 percent with regards to capacity, which is very low," John Kohlsaat told daily Berliner Zeitung.

"This year it will be much higher. Across Europe we had a 20 percent share in the low-cost market, and we want to see that in Germany too," he said, adding that the airline would increase business in Berlin and Dortmund.

He gave no time frame to reach the targets in Germany. On Friday, the company said it would maintain its full-year earnings expectations, despite bookings not having fully recovered in the wake of the London bomb attacks in July and high fuel costs.

EasyJet expected current-year pretax profits to match last year's 62.2 million pounds ($112.5 million).

Kohlsaat said bad summer weather had helped the airline and that it still had room to grow in the north and the south of the country.

READ ALSO

EU Actually

Extreme weather or not, the climate summit in Belem is in danger

N. Peter KramerBy: N. Peter Kramer

That the weather is becoming more and more extreme does not lead to more political urgency

View 04/2021 2021 Digital edition

Magazine

Current Issue

04/2021 2021

View past issues
Subscribe
Advertise
Digital edition

Europe

The EU Needs Values-Based Engagement in the Southern Mediterranean

The EU Needs Values-Based Engagement in the Southern Mediterranean

As the EU prepares a new pact for its Southern neighborhood, the union should balance economic and security interests with support for civil society, political reforms, and inclusive governance

Business

To save the Single Market, bring back Delors’ 1992 playbook

To save the Single Market, bring back Delors’ 1992 playbook

Most people familiar with EU affairs know the single market is a myth. Hailed as the bedrock of the European Union, it was never completed and is now crumbling.

MARKET INDICES

Powered by Investing.com
All contents © Copyright EMG Strategic Consulting Ltd. 1997-2025. All Rights Reserved   |   Home Page  |   Disclaimer  |   Website by Theratron