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EasyJet relaunches package holiday business

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The airline is seeking to move into the gap in the industry left by the demise of Thomas Cook.

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About 20 million people fly with EasyJet to Europe annually but only 500,000 book accommodation through it. EasyJet also said it would become the world's first major net zero carbon airline by offsetting carbon emissions.Annual revenues rose 8.3% to £6.4m, as it increased capacity, but total revenue per seat fell 1.8% to £60.81 due to"some weakness in consumer confidence".In a statement, the company said:"The total European package holidays market is worth around £61bn per year. The UK alone is a £13bn market and has grown by 6% annually.

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