Easyjet Racked Up A Third Year In The Red Despite Enjoying A ‘record Bounce-back Over The Summer After Pandemic Restrictions Eased
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While environmental campaigners are pushing for a shift to zero-carbon fuel, Greece is among the countries that says the disruption of Russian energy supplies as a result of the Ukraine war is reason to increase hydrocarbons exploration.
Analysts expect Easyjet to return to profit next year.
But experts at Citi said its comments on prices were ‘softer' than rivals. Liberum's Gerald Khoo said guidance on capacity was ‘slightly more cautious' than expected.
The European-Mediterranean Seismological Centre (EMSC), which revised down an initial reading of 5.7 magnitude, said the quake struck 5 kilometres (3.1 miles) below the surface in the gulf separating mainland Greece from the Peloponnese peninsula, 16 kilometres from the town of Itea.
In April, Energean, the country's sole oil producer so far, announced test drilling at the onshore block in the northwestern area of Ioannina in 2023, the first such drilling in the country in 22 years.
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Earlier on Thursday, another Emirates flight to Dubai was not allowed to take off from Eleftherios Venizelos and all passengers were thoroughly checked also for security concerns but nothing suspicious was found, police sources added.
Greece views gas as a transition fuel as it ramps up renewables and says the shift in its strategy, following the war in Ukraine, will not undermine its plan to boost green energy and cut carbon emissions by 55% by 2030 in line with European Union climate change targets.
But the fossil fuel industry worldwide has been making the case for the continued use of hydrocarbons as a means to address the energy and economic crisis caused by the Ukraine war and to create wealth.
This week Prime Minister Kyriakos Mitsotakis announced the initiation of seismic surveys to locate potential natural gas reserves in two offshore blocks southwest of Greece's Peloponnese peninsula and the island of Crete.
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