EasyJet CEO Puts Stamp on Airline -- But Rules Out Norwegian Bid

EasyJet Plc said it wants to expand its holiday-tour unit and attract more business travelers as new Chief Executive Officer Johan Lundgren moves the airline beyond an increasingly competitive discount market. Lundgren named five top managers Tuesday, led by the appointment of Garry Wilson from TUI AG to head the holiday arm, which will become a focus for investment along with a new loyalty program and measures to target corporate travelers. EasyJet is targeting a broader range of markets as the discount sector becomes an increasingly tough battleground, with network carriers setting up their own cut-price units and Ryanair Holdings Plc expanding operations.