Britain: Budget Airline’s Profit Soars
Britain: Budget Airline’s Profit Soars
The budget airline EasyJet said full-year profit was up 62 percent as passenger numbers grew 13 percent. The company reported a net profit of £152.3 million ($313 million) in the year ended Sept. 30, compared with £94.1 million ($193 million) in the previous 12 months. Revenue rose 22 percent, to £1.8 billion, ($3.7 billion). Passenger numbers were up 13 percent to 37.2 million, but the load factor — the percentage of occupied seats — was 83.7 percent, compared with 84.8 percent in the previous year, reflecting expansion of the company’s network. (From the NYT)
This is changing the culture of Europe - Polish Nannies go home on weekends, Ad execs live in Spain, people can live anywhere. Now there are other concerns - the environment etc - but it also allows many to work form home in much nicer circumstances or for people to work away but get home. It's not all black or white
What if oil workers could go home easily? What if executives could live on PEI?
