Chief executive says squeezed household incomes will push customers towards ‘value’ operators

EasyJet has said it wants more “certainty” and “stability” in the UK, but expects demand for its lower-cost fares to hold up despite the cost of living crisis.

Johan Lundgren, the airline’s chief executive, said consumers “would continue to protect their holidays where” they could even as their income was squeezed by surging food and energy bills. That meant they would “gravitate towards value”, he added.

Chief executive says squeezed household incomes will push customers towards ‘value’ operatorsEasyJet has said it wants more “certainty” and “stability” in the UK, but expects demand for its lower-cost fares to hold up despite the cost of living crisis.Johan Lundgren, the airline’s chief executive, said consumers “would continue to protect their holidays where” they could even as their income was squeezed by surging food and energy bills. That meant they would “gravitate towards value”, he added. Continue reading…