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EasyJet, Heathrow and Ryanair flight strikes: better accounts but problems for travelers and new unrest on the way

The companies improve the accounts, but the tug of war between the "air" sector and the "land" sector remains. In view of new strikes in Europe, while in Italy they cannot be carried out from tomorrow until 5 September

EasyJet, Heathrow and Ryanair flight strikes: better accounts but problems for travelers and new unrest on the way

La air transport chain benefits from the sharp increase in passengers after the fall of the Covid restrictions, but the inconvenience for travelers remains and the problems between aircraft and ground staff continue.

The accounts improve EasyJet, Heathrow and Ryanair, but new burst of coming soon strikes. Italy, on the other hand, will guarantee flights and, if anything, may suffer from the inconveniences deriving from interconnections with the European network.

Strikes arriving in Germany and Spain with Lufthansa, Ryanair and Easyjet. Italy is saved

Il German trade union Verdi has launched a one-day strike on the ground staff of the Lufthansa. The stop should start at 3.45 on Wednesday 27 July and last until 6 on Thursday 28 July and has been proclaimed "to increase pressure" on the management by demanding a 9,5% increase in wages. The union itself has warned of massive flight cancellations and delays. Lufthansa has already canceled thousands of flights to and from its domestic hubs in Frankfurt and Munich this summer due to staff shortages and increased demand.

Chaos even in Spain, where a staff strike is underway Ryanair, with at least 11 flights canceled today and 99 delayed. The bulk of the inconvenience concerned the airports of Palma de Mallorca and Barcelona. The mobilization will last until Thursday and another strike is expected in Spain by the end of the month which will concern EasyJet on 29, 30 and 31.

In Italy, where the inconveniences derive more from the interconnections with the European network, the problems of the sector (from the organization of the airports to the working conditions) were addressed in a table at the Ministry of Infrastructure and Sustainable Mobility, it being understood that the regulation in the sector airplane provides that strikes cannot be carried out in Italy from 27 July to 5 September.

EasyJet: revenues grow and the red is reduced in the third quarter

EasyJet improved its financial performance for the fiscal third quarter ended June 30, despite costs incurred due to industry operational issues. There perdita The economy airline's pre-tax income was £114 million ($137,4 million), reducing the loss by £318 million over the prior-year period, a company statement said.

I have grown up total revenue, to £1,76 billion from £213 million in the prior-year period. The passenger revenue increased to £1,152bn from £152m as Easyjet carried 22 million passengers in the quarter, with a 7-fold increase compared to the prior year period and reaching 87% of fiscal 2019 capacity, with a quarterly ticket sales yield 13% higher than pre-pandemic levels.
Le ancillary income they increased to 603 million from 61 million, mainly thanks to the increase in flown capacity. The revenue “per seat” they grew to £19,47 from £13,14 a year earlier, benefiting from hand bags and packages which provide additional revenue.
Looking ahead, the airline expects a capacity of fourth quarter of fiscal 2022 equal to approximately 90% of the levels of the fourth quarter of 2019.

At the end of June, thenet borrowing of easyJet was £0,2bn, down from £0,6bn a year earlier, including cash and money market deposits of £3,9bn. Capacity was at 87 percent of its third quarter 2019 level with a load factor of 88 percent.

Heathrow revenues jump in the first half of 2022, confirmed limit of 100 passengers per day

Still on British soil, the airport operator Heathrow saw revenues jump to £2022 billion from £1,28 million in the first half of 348, when the group welcomed 26,1 million passengers, about seven times the numbers for the same period a year ago.
In the second quarter alone, revenues increased by 317% reflecting the sharp increase in passengers. Ebitda adjusted increased to £744 million in the first half from a loss of £33 million a year earlier. Lpre-tax profit it was £183m compared to a £917m loss last year. The group reported an adjusted pre-tax loss of €321m versus a loss of €787m in H2021 100.000, but the group confirmed full-year guidance. Heathrow has also confirmed the cap on flights until the airlines increase the number of ground staff and relieve the pressure on operations. The airport operator said a limit of 12 daily departing passengers announced on July XNUMX and originally planned for two months "will remain in place until airlines increase their groundhandling resources".

Even for Ryanair the chaos is due to shortages "on the ground"

Il chaos flights in recent days it is to be blamed on governments and airports that they have not strengthened ground personnel, "the only thing they had to do": claims the economic chief of Ryanair, Neil Sorahan, quoted by the BBC. The company is having a "phenomenal" summer, with profits from 170 million euros compared to a loss of 273 million in the same period of the previous year, recording a strong recovery in traffic, from 8,1 million to 45,5 million passengers. The flight plans had been known for months, the only thing needed was to increase the security personnel and control managers,” says Sorahan. Ryanair "had all the staff on hand with 3.000 flights a day".

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