EasyJet CEO on Earnings, Oil Prices, Brexit

The transcript discusses EasyJet's strong performance in 2018, highlighting record profits and passenger numbers. It addresses the impact of oil price volatility and EasyJet's hedging strategies. The conversation shifts to Brexit, detailing EasyJet's preparations and confidence in maintaining operations. Despite Brexit, customer bookings remain strong. The transcript concludes with EasyJet's interest in Alitalia, focusing on strategic and operational considerations.

What was a significant achievement for EasyJet in the past year?

• Achieving record profits and passenger numbers

• Reducing ticket prices by 50%

• Launching a new fleet of aircraft

• Expanding to new continents

How does EasyJet manage the impact of oil price volatility?

• By increasing ticket prices

• By reducing flight routes

• By hedging to ensure cost certainty

• By investing in alternative fuels

What is EasyJet's approach to potential Brexit challenges?

• They have not prepared for Brexit

• They have prepared for various scenarios, including a no-deal Brexit

• They plan to stop operations in the UK

• They will increase ticket prices for UK flights

What is EasyJet's strategy regarding currency fluctuations due to Brexit?

• They increase ticket prices

• They hedge to minimize volatility

• They ignore currency fluctuations

• They reduce flight frequency

How has Brexit affected EasyJet's bookings for the Easter period?

• Bookings have significantly decreased

• Bookings have remained the same

• Bookings are slightly ahead compared to previous years

• Bookings have been canceled

What are the key considerations for EasyJet in acquiring parts of Alitalia?

• Only the operational capability

• Only the strategic fit

• Only the commercial terms

• Strategic fit, commercial terms, and operational capability

Which type of operations is EasyJet interested in with Alitalia?

• Charter operations

• Cargo operations

• Long-haul operations

• Short-haul operations