Budget airline easyJet has revealed boss Johan Lundgren will step down in 2025 after seven years at the helm as it reported improved half-year losses. The carrier said Mr Lundgren, who became chief executive in December 2017, will leave early next year and will be succeeded by chief financial officer Kenton Jarvis, who has been with the group since February 2021.
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00:00 Hello, my name is Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.
00:06 Here are your headlines for this morning.
00:09 The budget airline EasyJet has revealed its boss, Johan Lundgren, will step down in 2025
00:16 after seven years in charge, as it reported improved half-year losses.
00:20 EasyJet, said Mr Lundgren, who became Chief Executive in December 2017, will leave early
00:27 next year and will be succeeded by the Chief Financial Officer, Kenton Jarvis, who has
00:32 been with the group since February 2021.
00:35 Details of the planned change at the top came as the group reported a headline pre-tax loss
00:40 of £350 million for six months to March 31st, which is below the losses of £411 million
00:48 a year ago.
00:49 So an update this morning from the budget airline EasyJet, who has revealed its boss,
00:53 Johan Lundgren, will be stepping down in 2025.
00:58 My name's Greg Wright and I'm the Deputy Business Editor of the Yorkshire Post.