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Challenging times ahead for easyJet, but a better-than-expected start to 2009

Analysis

Outgoing easyJet Chairman, Sir Colin Chandler, in his 2009 AGM Chairman's Statement on 05-Feb-09, warned that the European economy is in a "challenging recession of an uncertain length and depth [and] many commentators are suggesting that this could be the worst economic conditions of a generation". Despite this, Sir Colin stated easyJet's start to 2009 has been "better than we expected".

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