It has been reported that UK low-cost carrier easyJet has been working with restructuring advisors Alix Partners to consider refinancing solutions for its mounting debt.
A spokesperson for easyJet commented to UK media confirmed that the airline has been working with Alix Partners since May and that the company has been providing “advice and modelling for the purposes of cash management and forecasting”.
easyJet maintains that its liquidity position is under regular review and that it is continuing to assess further funding opportunities, “should the need arise.”
Meanwhile, the low-cost carrier has announced a trial of the industry’s first digital inflight retail experience which allows customers to browse and order from easyJet’s Bistro and Boutique ranges onboard, all from their own device.
The trial is being run in partnership with gategroup, a provider of pre-order, inflight and post-flight retail services, which has developed the ‘ePax’ digital platform with Black Swan Data.
By removing the need for physical menus and brochures the platform has the potential to remove around 2 million pieces or 100 tonnes of paper a year from the cabin, saving natural resources, reducing waste across the airline and contributing to fuel efficiency through onboard weight reduction.
The trial will run throughout the winter months on selected flights departing from London Gatwick.