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EasyJet sees summer boost from rising fares, add-ons

BLOOMBERG  EasyJet Plc is benefiting from higher ticket prices heading into the peak summer season as the low-cost carrier sets plans to capture a bigger share of the post-pandemic rebound in air travel. Revenue per seat, which includes extras such as baggage fees, is running 20% above year-earlier levels, the UK airline said as it reported better-than-expected first-half results. Leisure ...

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Singapore Air hands staff eight months’ salary bonus

BLOOMBERG  Singapore Airlines Ltd will pay staff a bonus of around eight months’ salary after posting a record annual profit. Eligible staff will be paid a profit-sharing bonus equivalent to 6.65 months’ pay, and a maximum of 1.5 months’ salary of ex-gratia bonus in recognition of their hard work and sacrifices during the pandemic, a spokesperson for the airline said. ...

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India’s biggest airline posts profit short of expectations

BLOOMBERG  IndiGo reported fourth-quarter profit that missed analysts’ estimates, as rising fuel costs offset the post-Covid travel rebound at India’s largest airline. Net income at parent company InterGlobe Aviation Ltd was 9.16 billion rupees ($111 million) in the period ended in March, short of the 16.2 billion rupees expected by analysts. Revenue from operations surged 77% to 141.6 billion rupees ...

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