EasyJet's Smooth Flight Plan

The carrier, which just released a healthy earnings statement, is becoming the preferred low-cost alternative for travel to France and Spain

It's easy to overlook easyJet (EZJ). As Europe's No. 2 discount airline, it's often overshadowed by pugnacious, price-slashing No. 1 Ryanair (RYAAY). And it can't match the name recognition of flag carriers such as Air France (AKH) and British Airways (BAY.L).

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