easyJet share price: Airline to use drones to inspect jets

on Jun 5, 2015
Updated: May 24, 2024
Listen

easyJet Plc (LON:EZJ) will begin using drones to inspect aircraft on the ground starting next year, the low-cost airline has said. The statement came after the company completed automated drone inspection of one of its aircraft.

easyJet’s share price has slipped into the red in early afternoon trade, having lost 0.50 percent to 1,584.00p as of 14:33 BST. The decline is largely in line with the broader market, with the FTSE 100 currently standing 0.71 percent lower at 1,584.00 points.

Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.

The blue-chip airline said yesterday in a statement that it had succeeded in using a drone to inspect one of its planes, and that it was planning to bring the drones into service in its engineering bases across Europe within 12 months.

“The tests prove that pre-programmed drones could help reduce the number of hours an aircraft is out of service after events such as lightning strikes compared to manual inspection,” easyJet said in the statement. The airline’s chief executive Carolyn McCall added that the company had “made great strides on our work with drone technology”.

The budget carrier announced that it was also considering trialling the use of 3D printing to replace parts within the cabin such as arm rests to speed up the replacement process and reduce the storage of spares.

The news came as easyJet updated the market on its May passenger traffic, reporting that it had carried 6.49 million passengers last month, representing a 7.2 percent increase as compared with May last year. The airline’s load factor, a measure of the number of passengers as a proportion of the number of seats available, inched 2.2 percentage points higher to 91.6 percent. The news sent easyJet’s share price soaring in yesterday’s session.

As of 13:23 BST, Friday, 05 June, easyJet plc share price is 1,586.50p.

Stock Market Transport & tourism