Transportation
EasyJet Sees Summer Fares Remaining Stable As Bookings Build
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EasyJet Plc said airline ticket prices are holding up during the crucial summer period, providing a contrasting outlook to discount rival Ryanair Holdings Plc, which warned this week of a notable decline in airfares.
Yields for the peak travel season are broadly flat year on year as bookings continue to build, the budget carrier said Wednesday as it reported results for the fiscal third quarter. Capacity for the first quarter of next year is up about 5%, with 20% of the program already sold, the airline said.