Passenger Numbers: Share Price and Fuel Prices

passenger numbers: The carrier had been expected to return to the benchmark index despite a turbulent year in which it struggled with rising fuel prices and economic uncertainty around Brexit, according to The Guardian. But the airline's share price was boosted in recent months by rising passenger numbers, the addition of more aircraft and tougher action on costs. The budget airline has regained its membership of the club six months after its relegation. Easy Jet's closing price on Tuesday was 13.07, up 18% on the year, which was enough to confirm its return to the UK's biggest stockmarket index. Easy Jet has been promoted at the expense of insurer Hiscox, which was demoted to the FTSE 250 after its share price fell by 17% this year. The carrier has also benefited from problems at its competitors, from the collapse of Thomas Cook Airlines to strikes at Ryanair and British Airways. (news.financializer.com). As reported in the news.

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