Ryanair's low costs and decision not to lay off staff helped it recover faster from the pandemic.
EasyJet's big bets on package holidays and better-located airports are helping it win customers, its CEO and investors say, even as concerns linger about the high cost of the strategy for an airline known for its no-frills service. The turnaround is part of a years-long effort by CEO Johan Lundgren to cut debt, revive the share price, and restore revenues after the pandemic. As ticket prices have increased in recent years, that's appealing to consumers looking for a slightly higher quality travel experience than budget rivals Ryanair and Wizz Air.
It's been an eventful few days for aviation players—from Airbus to Heathrow. Here's how they fared.