EasyJet

easyJet has delivered better-than-expected  H1 2021 results and states that it has maintained significant liquidity while also delivering Q2 cash burn better than guidance. easyJet expects a first hal...

The European Union has waded-in on the state aid wrangling at Air France-KLM. The EU has insisted that the airline group must give-up 24 Paris ORY slots in return for further state aid. That lead to A...

easyJet has reported that its performance during the quarter ending 31 December 2020 was in line with expectations. The airline group’s total revenue for the quarter fell by 88% to £165 million, with ...

easyJet has agreed with Airbus the deferral of 22 aircraft in total that were due for delivery in 2022, 2023 and 2024 to 2024, 2027, and 2028. In addition, there will be movement of 15 delivery dates ...

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 com...

Following the news that UK-wide restrictions over the Christmas period would be eased, easyJet notes that searches for flights and holidays increased by over 200% week-on-week. The airline also saw a ...

David Robbie will join the easyJet board as a non-executive director and member of the audit, finance and remuneration committees on 17 November 2020. Robbie currently serves as a non-executive direct...

easyJet has posted a full year pre-tax loss of £1.273bn, compared to a profit of £430 million in 2019. The board of easyJet has cancel dividend payments for this year in light of the loss. Revenue at ...

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 ...

easyJet flew its first flight into the newly-opened Berlin Brandenburg Airport on November 1 for its new scheduled service to the airport from London Gatwick. easyJet has also announced a new cooperat...

easyJet has confirmed the sale and leaseback of nine aircraft with two counterparties, which will generate $398.6 million total cash proceeds for the airline. The first transaction was executed with W...

EasyJet has confirmed that its new chief financial officer Kenton Jarvis will start on February 3, 2021, followed by a short handover period with outgoing CFO Andrew Findlay. Jarvis is joining from tr...