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Tuesday 03 March 2015 10:32 am

Easyjet

By: Jessica Morris

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EasyJet an easy ride

Budget airliner … turbulence … flys high

The figures

Why it's interesting

The global oil price rout has been a boor for airliners such as Easyjet as it's driven down their operating costs. The price of a barrel of Brent crude slumped from $115 last June to around $45 in January. Oil prices have now recovered somewhat, but at just over $60.

Oil has fallen almost 60 per cent since June due to economic weakness, low global demand and a boom in US shale production.

"Under Chief Executive Officer Carolyn McCall, EasyJet, has ramped up its presence at key airports such as London Gatwick and targeted corporate travelers with add-ons like allocated seats and flexible-fares."

What Easyjet said

In short

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