Mediterranean

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EasyJet is the Relaunch of its package tour companies such as the airline sees The Gap in the industry left, the Thomas Cook 's demise earlier this year.

Around 20 million people fly with EasyJet Europe every year But only 500,000 to book accommodation through it.

The news came as the carrier, a 26% reported decrease in profits before tax to £427m for the year to 30. September.

EasyJet also said that it is The World 's first large net-zero-carbon airline, by compensating for the carbon dioxide emissions would be.

Chief executive Johan Lundgren told the BBC's Today programme: "This is not a long-term solution, the transfer is perfect.

"I don't think it's greenwashing, everyone recognizes that it works, But this is in addition to the fact that since the year 2000 we were able to reduce our carbon dioxide emissions by 30%. "

He said that The Company take the £25m Cost , and added: "This is something we want to add to ticket prices, this makes us one of the largest carbon dioxide emissions offsetting company in The World . "

Explains the travel decision to a relaunch of its holiday packages, EasyJet, said: "The whole European package Market is worth around £61bn Per year. In the UK alone, 13 billion £Market and of 6% a year.

"The way that the customer is on vacation in a state of change and we know that customers want to holiday with a range of maturities, and not the traditional seven and 14 nights.

'get you a better price directly not book' Philip Petty and his wife Lyn to go to on package travel

Not everyone thinks Easyjet bet on The Package travel Market is a good idea. Philip Petty says he has a separate booking, holiday and flights "for years".

"Not only that, I can choose what I want to fly, I like to hand-pick where I stay," he says. "You can get a better price if you book directly with a hotel. "

Mr Petty was on a package holiday in Greece, and slipped on a wet floor in a hotel, breaking a leg.

he felt that He and his wife had little support from the reps, that led him to start independent holiday.

"EasyJet is delighted to have the opportunity to build a major player in the vacation Market for a low up-front investment and limited risk. "

The airline said it had conducted research that showed its customers wanted flexibility, flights and tailor-made holidays, and it had to respond designed be business, to.

'Cautiously optimistic'

EasyJet, the results showed that annual sales grew by 8. 3% to £6. 4bn, as it increases the capacity, But total revenue Per seat 1 fell. 8% to £60. 81 by "a certain weakness in consumer confidence".

passenger numbers for the year rose to 8. 6% to 96. 1 million.

Julie Palmer, regional partner at the consulting firm that was Begbie's Traynor, said EasyJet was "taking advantage of the current climate-a flat rate across the industry".

she added: "EasyJet has. the picking on the bones of other airlines, which have suffered in the hands of the falling demand, Air Berlin , the assets at Tegel airport and Thomas Cook runway slots at Gatwick and Bristol airports

"With the UK's EU-exit move on to EasyJet strapping in for More turbulence, But for The Future cautiously optimistic and hope for an upward trend. "

However, in the last week of The Boss of the rival airline, Wizz Air , Jozesf Varadi, said he was listening to "surprised" to EasyJet package holiday plans.

"I don't believe that this packaged holiday industry will continue to grow and thrive, I think the model is outdated, Why should customers pay a premium for pretty much nothing?"

EasyJet shift in package holiday is hardly a Pauline conversion. It already sold over half a million packages in the year, and the demise of Thomas Cook has left a gap in the Market that has not been lost on the airline CEO Johann Lundgren, a former employee of the Tui, Thomas Cook 's main rival.

It plans to take in about double its package holiday sales, making it still a small player next to the likes of Tui (which is a Civil Aviation Authority license 5. 6 million people in the year) and put it directly on British Airways ' in-house-holiday-operating-licensed for just under a million people.

Mr. Lundgren could certainly do More - EasyJet is the largest carrier customers in the UK to traditional sun destinations in The Mediterranean is, After All , probably - But he will be thinking that investors tend to be nervous about the successful low-Cost airlines, which stray away from your core business.

More eye-catching perhaps the airline's promise to offset their carbon dioxide emissions. Environmental activists will be skeptical, and The Real value of the compensation schemes, the polluter pay are planted trees or for low-carbon energy-generation systems, are open to question.

But Mr. Lundgren and the EasyJet Board is aware that their passengers are always acutely sensitive to the environmental impact of flying, and you feel More comfortable with a EasyJet flight makes economic sense. It is prohibited in any case, only an interim step, Mr. Lundgren, to truly carbon-free methods can be Found in the propulsion of aircraft.

easyjet, air travel, aerospace, companies, tourism, holidays

Source of news: bbc.com