All EasyJet articles – Page 10
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NewsEasyJet to axe up to 30% of jobs as it cuts fleet
EasyJet is to begin consultations on proposals to cut staff levels by up to 30% as it expects to reduce its fleet by 51 through a mix of deferrals and returning leased aircraft by the end of 2021. In a trading update released today the UK budget carrier says it ...
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NewsEasyJet finance chief to step down next year
UK budget carrier EasyJet’s chief financial officer, Andrew Findlay, is stepping down from his position next year. Findlay has advised the board of his intention to leave the low-cost carrier in May 2021, in line with contractual obligations. He had survived a 22 May bid by EasyJet founder Stelios Haji-Ioannou ...
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NewsEasyJet shareholders back airline’s board in Stelios dispute
EasyJet founder Stelios Haji-Iaonnou has failed in his attempt to oust the airline’s management team
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NewsEasyJet to start restoring flights in mid-June
UK budget carrier EasyJet is to restore flights from 15 June, on a limited number of routes on which the airline believes it can maintain profitable operations. These services will primarily comprise domestic flights in the UK and France, the airline states. “Further routes will be announced over the coming ...
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NewsEasyJet cybersecurity breach affects 9 million customers
UK budget carrier EasyJet is contacting customers after a serious cybersecurity breach which resulted in access to the personal information of 9 million travellers. Credit card details of just over 2,200 customers were accessed, the airline admits, and it has taken action to contact all of them to offer support. ...
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NewsEasyJet secures cash for potential nine-month fleet grounding
EasyJet has expressed confidence it now has enough cash to survive a nine-month grounding of its fleet after securing additional funding.
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NewsEasyJet defers order for 24 Airbus jets
EasyJet has agreed a deal with Airbus to push back an order for 24 aircraft due for delivery in 2020-2022.
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NewsEasyJet founder threatens legal action over Airbus order
EasyJet is standing behind its chief financial officer and its decision to borrow millions from the UK government after a fresh attack from founder and major shareholder Stelios Haji-Iaonnou, who is threatening to take legal action against the budget carrier.
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NewsEasyJet borrows from UK coronavirus fund as part of liquidity plan
Budget carrier EasyJet has taken steps to borrow funds from the UK government’s corporate financing facility, established to assist companies during the coronavirus crisis. EasyJet chief executive Johan Lundgren says the airline’s “priority” is to “safeguard short-term liquidity”. He says the company has been successful in issuing £600 million of ...
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NewsEasyJet founder refuses to inject new funds as he directs ire at CFO
EasyJet founder and shareholder Stelios Haji-Iaonnou has refused to inject any fresh capital into the UK budget airline while a contract to acquire further Airbus jets remains in place, and is turning his wrath on chief financial officer Andrew Findlay. Haji-Ioannou has named Findlay as the second director he aims ...
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NewsEasyJet founder fires first shot in bid to oust board members
EasyJet founder Stelios Haji-Ioannou has followed through on his threat to start dismantling the airline’s board if it fails to cancel its Airbus order, requesting a shareholder meeting to discuss the removal of Andreas Bierwirth as a director. The UK budget carrier disclosed in a 2 April regulatory filing that ...
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NewsEasyJet may ground ‘majority’ of fleet
EasyJet has warned that the impact of the coronavirus may force it to ground “the majority” of its fleet and threatens the viability of the aviation industry in Europe.
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NewsHow A4E is answering Europe’s airline sustainability challenge
Sustainability is the hot topic for industry body Airlines for Europe (A4E) as it heads towards its annual Aviation Summit in Brussels on 3 March.
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NewsEasyJet ‘electric aircraft’ partner aims to fly engine in 2023
US firm Wright Electric is aiming to conduct ground tests next year, and flight tests in three years’ time, of a motor intended to provide propulsion for an electric airliner. The company is constructing a 1.5MW electric motor and a 3kV inverter – a system to convert direct to alternating ...
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NewsIntersection confusion cited in identical EasyJet take-off incidents
Two identical serious take-off incidents within two weeks involving EasyJet Airbus A320s at Lisbon have spurred UK investigators to advise Portugal’s airports operator to stop using confusing terminology for runway departure positions. Both incidents involved the aircraft accelerating with insufficient thrust and becoming airborne close to the far end of ...
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Airline BusinessEasyJet to make Sharm el-Sheikh return
Low-cost carrier EasyJet’s move to resume flights to the Egyptian resort of Sharm el-Sheikh this summer marks a further UK operator return to what had been a key leisure destination.
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NewsCourt rejects Ryanair attempt to stop operations chief’s EasyJet switch
Ryanair has instructed its lawyers to “immediately appeal” a decision by the Irish High Court to reject the airline’s attempt to prevent former operations chief Peter Bellew from joining UK-based rival EasyJet early next year.
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PodcastPODCAST: Airline Business on Air Europa, Brazil, Emirates, Max
The new edition of the Airline Business podcast is now available.
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NewsAirbus and EasyJet to jointly study electric aircraft
EasyJet and Airbus have signed a memorandum of understanding to jointly assess the potential of hybrid- and full-electric aircraft for short-haul flights across Europe.
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EasyJet to offset carbon emissions across whole network
UK budget carrier EasyJet is to offset carbon emissions across its entire network, effective immediately, insisting that it has taken steps to ensure the measure has validity.