EasyJet posts profit decline; relaunches package holiday business to fill Thomas Cook void

EasyJet will relaunch its package holiday business in a bid to fill the void left by the collapse of Thomas Cook earlier this year. In a statement on the decision, EasyJet said: “The total European package holidays market is worth around £61 billion per year. The UK alone is a £13 billion market and has grown by 6% annually. “The way that customers are taking holidays is changing and we know customers want holidays with various durations and not the traditional seven and 14 nights.” Figures show that the airline flies around 20 million people to Europe annually but only