Europe

easyJet cuts winter schedule; raises more funds via sale and leaseback deal

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easyJet cuts winter schedule; raises more funds via sale and leaseback deal

easyJet has raised $169.5 million from the sale and leaseback of a further eleven aircraft with two counterparties. Ten A320 family aircraft were sold to ACS Aero 2 Beta. The cash sales proceeds were $124.5m (approximately £96.0m), and the aircraft will be leased back for an average term of 58 mont...

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