EasyJet Shifts to Regional Airports, Avoids London's High Fees

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Duminică

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EasyJets CEO, Kenton Jarvis, is shifting the airlines focus to regional airports in the UK due to high fees at Londons Heathrow. EasyJet has added planes to Manchester, Liverpool, Bristol, and Edinburgh, with plans to open a new base in Newcastle. This move aims to manage costs more effectively. Meanwhile, other travel industry leaders, like Steve Heapy of Jet2, criticize the government for increasing taxes on the sector, including the Air Passenger Duty, which is set to rise in April 2023 and annually thereafter. Airports also face increased business rates, potentially leading to higher charges for airlines. Jarvis warns that passing on these costs to customers could significantly decrease demand.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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