As a result, competitors like Ryanair and Wizz Air are gaining ground, as they provide more flights during the same time period as before the pandemic and at cheaper prices.
With a stay in Luton
EasyJet's headquarters, located in the London suburbs, features a large hangar used solely for aircraft maintenance. Johan Lundgren, the company's general manager, shocked everyone on Monday by announcing that he would have completed a project to offset the carbon emissions from his flights by the end of the year. The goal has now been shifted to one of lowering these carbon dioxide outputs. By 2035, it will have increased to 35%, and by 2050, it will have increased to 78%. Our opinion is that it is possible. We know it's a big goal, but we're up for the challenge,” he admits.
Overall, the orange company is a loser in the health crisis, but it is still ahead of the curve in the air sector when it comes to the fight against global warming. When compared to rivals like Ryanair and Wizz Air, which offer similar services at even cheaper rates, it has fallen behind. EasyJet's stock price has declined more than the other two over the past two and a half years. There's no reason to expect this trend to reverse anytime soon.
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