I have come to the conclusion that EasyJet is operating profitably despite passengers having to cancel and postpone flights. So Avation regulation works well as well, but unfortunately not for the passengers.
It seems to me that the purpose of all regulations is to shield airline operators from unforeseen or extremely dangerous operational situations.
The shares of EasyJet plc, a British multinational low-cost airline, are listed on the London Stock Exchange (LSE). The company is a constituent of the FTSE 250 Index.
Examining the EasyJet stock trend, we find that there was no significant correlation with the spate of cancellations and tens of delayed flights—just financial instability. In fact, the chart below shows a slight decline in share price on June 2 and 3, most likely as a result of numerous announcements regarding flight problems. Nevertheless, the share price soon stabilised, and we anticipate a slight increase. Great! What a stable, solid company!
Even though they did not want them, customers had kindly covered all additional costs associated with delays and cancellations. EasyJet disclaims all liability for any unplanned expenses incurred by its customer