easyJet Plc - CEO and Group FD Interviewed on Results, Fuel Prices and Consumer Spending Outlook

LONDON, May 7 /PRNewswire-FirstCall/ -- Despite the soaring cost of fuel taking its toll on easyJet's half yearly profit figures, Andy Harrison, CEO of the low-cost airline, says that forward bookings for the busy summer period show no sign of a slowdown in UK consumer spending. Moreover, any wider economic downturn would offer up a host of opportunities for the company to gain market share across Europe as its weaker rivals struggle, he says.

But fuel is not the only rising cost that the Luton-based carrier is having to deal with. Landing charges at Gatwick Airport and Stansted have risen during the period, reflecting what Mr Harrison calls "a sign of the failure of UK airport regulation".

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