easyJet has raised £305 million in fresh liquidity following the sale and lease back of a number of aircraft. The low-cost carrier confirmed arrangements for nine aircraft with two counterparties this morning. The money will be used to further strengthen the financial position at easyJet, a statement explained. The first transaction was executed with Wilmington […]
More than 33 million Brits have had their holiday plans disrupted this year due to COVID-19 restrictions, new research reveals which is why a recent survey reveals that more than half (52%) of Brits are only willing to book a holiday abroad if they feel confident their money is protected, showing consumers are looking for […]
easyJet has confirmed it will cut flying capacity in response to the ever-changing quarantine restrictions imposed by the UK government. Seven Greek islands were removed from the safe list earlier, meaning travellers arriving back in the UK will be expected to self-isolate for 14-days from tomorrow. The low-cost carrier said customer confidence to make travel […]
easyJet has reached agreement with Airbus for the net deferral of 24 aircraft deliveries from financial years 2020-2022. The move comes as the low-cost carrier seeks to maximise its liquidity position in the event of an extended grounding period in the wake of the coronavirus pandemic. The airline also hopes to ensure it is ready […]
easyJet has issued £600 million of commercial paper through the Covid Corporate Financing Facility. The decision comes as the low-cost carrier seeks to maximise its liquidity in the wake of the coronavirus pandemic. The airline has currently suspended virtually all flights, and there is a growing concern over the financial impact of an extended grounding. […]
easyJet has grounded it’s entire fleet of aircraft and also said it is not able to give a date when they will take to the air again, blaming the current coronavirus pandemic. A statement on the easyJet corporate website said: As a result of the unprecedented travel restrictions imposed by governments in response to the […]
easyJet has exercised purchase rights to increase its fleet of A320neos by 12 new aircraft. The agreement takes the carrier’s total order for the A320neo Family to 159 aircraft and its overall orders for Airbus single aisles to 480 A320 Family. easyJet currently operates over 1,000 routes with a fleet of 333 A320 Family aircraft […]
easyJet launches summer on-board lending library with over 60,000 books stocked on more than 300 aircraft serving 20 million passengers Europe-wide A new study shows that over half of British children (59%) would choose being read a story over an extra 30 minutes screen time Research reveals 90% of children enjoy being read aloud to […]
easyJet celebrated the opening of its 29th base in Europe at Nantes Airport on 5th April, in attendance of VINCI Airports and the airport team. Nantes is a strategic choice for easyJet seventh base in France as it is both an attractive leisure and business destination with growing inbound and outbound demand. This base opening […]
Delta Air Lines and easyJet have confirmed they are in talks over the future of Alitalia. The American carrier and UK-based low-cost airline confirmed they have linked with Italy’s state-backed railway company Ferrovie dello Stato to examine a bid for the flag-carrier. Alitalia was placed in administration in 2017 after part owner Etihad Airways and […]