Airlines
EasyJet Bolsters Fleet with 157 Airbus Jets, with Options for 100 More
EasyJet announced that it would purchase up to 257 Airbus aircraft as it plans its expansion into 2028, restores its dividend, and strives to more than double profits.
The airline also stated it anticipates its yearly profit before tax to range between $541 million (£440 million) and $565 million (£460 million), according to data released on October 12, 2023.
EasyJet declared that the time was right to lay out a long-term growth strategy based on bigger and more fuel-efficient planes, indicating that its recovery from the pandemic was now in full swing.
According to EasyJet CEO Johan Lundgren, the planned agreement with Airbus, which is awaiting shareholder approval, would include 157 aircraft as well as the right to purchase an additional 100 A321neo planes. The airline will retire some of its older aircraft, which number roughly 330 at the moment.
British Airways adds five new short-haul services(Opens in a new browser tab)
With the recently announced purchase, easyJet will be able to replace all of the A319 aircraft in its fleet and around half of the A320neo aircraft. The airline said that it is in exclusive discussions with CFM International over the supply of engines for the anticipated acquisition. The financial report predicted that the new planes and conversions would cost roughly $19.9 billion.
Airlines
Qantas Engineers Stage Walkout Over Cost of Living Concerns
Tensions at Qantas reached new heights as base maintenance workers in Brisbane walked out of a hangar meeting hosted by the airline’s CEO, Vanessa Hudson.
The walkout was a clear display of displeasure and aimed to send a strong message to the company’s management about the growing frustrations within the workforce. The workers, represented by the Qantas Engineers Alliance, have been pushing for wage increases that reflect the rising cost of living.
Despite ongoing discussions, the employees feel that their concerns have been overlooked, leading to this public show of dissent. The hangar meeting, meant to foster dialogue and address employee concerns, instead became the stage for a visible demonstration of dissatisfaction as the workers exited in unison.
For some time, the engineers and maintenance staff have expressed frustration over wage stagnation amid increasing inflation and living costs. Their demand is simple: a decent and fair wage adjustment that keeps pace with economic realities. The walkout underscores the workers’ determination to stand firm on their request for better pay and fair treatment.
As Qantas navigates its recovery post-pandemic, this incident highlights the growing internal challenges the airline faces, especially concerning its workforce. The maintenance staff’s actions have put additional pressure on the company’s leadership to address the wage concerns and avoid further escalation.
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