All EasyJet articles – Page 6
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NewsEurocontrol data highlights slower recovery for UK airlines
UK-based carriers are recovering more slowly from the Covid-19 pandemic than their European contemporaries thanks to travel restrictions that were in place for longer, according to Eurocontrol data.
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NewsEasyJet optimistic as ‘positive momentum’ drives capacity hike
UK budget carrier EasyJet generated positive cash-flow in the fourth quarter while halving headline losses, as it flew about 58% of its pre-crisis capacity. EasyJet says it generated about £40 million in operating cash over the period, covering the three months to 30 September. But while UK domestic and intra-European ...
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NewsEasyJet achieves 93% take-up during £1.2bn rights issue
UK budget carrier EasyJet has received a 93% acceptance for the new £1.2 billion share issue the airline detailed in early September. EasyJet says it received valid acceptances for 280.2 million new shares out of the 301.2 million offered during the 31-for-47 issue. The shares had been priced at £4.10. ...
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NewsEasyJet crew’s forced emergency stop averted taxi collision with SAS jet
Dutch investigators have disclosed that an EasyJet Airbus A320 crew was forced to make an emergency stop to prevent a taxiing collision at Amsterdam Schiphol, after an SAS A320neo failed to give way at a junction. The EasyJet aircraft had landed on runway 18R and the SAS jet on the ...
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NewsEasyJet focuses on zero-emission aircraft to meet 2050 climate goals
EasyJet is stressing the development of zero-emission aircraft as the solution for the narrowbody airliner of the future to meet its commitment of achieving net zero carbon emissions by 2050.
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NewsLundgren explains thinking behind EasyJet’s £1.2 billion rights issue
EasyJet’s £1.2 billion ($1.4 billion) rights issue will be used to reduce debt, help deliver a strong financial position going into the winter season where demand remains uncertain and give the carrier funds available to take growth opportunities as they arise, says EasyJet chief executive Johan Lundgren.
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NewsAirlines hail scrapping of UK ‘traffic light’ system for travel
Airlines based in and serving the UK have welcomed the decision by the country’s government to simplify its requirements for arrivals at English airports.
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Airline BusinessWhat now for EasyJet after rejection of Wizz Air takeover?
Reports that Wizz Air was the failed bidder for European low-cost rival EasyJet are perhaps no surprise, given the compatibility of the two operators and the upheaval created by Covid-19, but the failure of the move leaves the latter carrier facing questions about its next steps.
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NewsEasyJet reveals rejected takeover approach as it prepares £1.2bn equity raise
UK budget carrier EasyJet has disclosed that it rejected a preliminary takeover approach from a potential bidder, as the airline prepares to reinforce its balance sheet with a £1.2 billion ($1.65 billion) share issue. EasyJet has not disclosed the prospective bidder’s identity, but says it “carefully evaluated” the approach before ...
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NewsWright starts testing crucial high-power electric aviation motor component
US-based propulsion technology specialist Wright Electric has begun testing a 2MW electric powertrain to support development of a zero-emission aircraft. The company describes the measure as a “key milestone” for its Wright 1 single-aisle aircraft programme, a proposal over which it is co-operating with UK budget carrier EasyJet. Wright Electric ...
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NewsEasyJet names Hester as new chair
Former banking and insurance executive Stephen Hester is set to replace John Barton as EasyJet’s chair.
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NewsUK flight numbers lag European recovery despite reaching Covid-19 high
The UK’s air travel recovery continues to lag the comeback in the wider Europe region, despite the country seeing its highest flight numbers since March 2020 in the week ending 15 August.
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Airline BusinessHow European airline capacity expectations are shaping up
As the easing in Covid travel restrictions and vaccination roll-out across Europe slowly progresses, airlines in the region have been mapping out how quickly to ramp up capacity.
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NewsEurope’s airlines cautiously embrace signs of strong demand recovery
News that flight numbers in Europe exceeded Eurocontrol’s best-case scenario in July reflects the beginnings of a strong demand recovery in the region.
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NewsFlight numbers in Europe exceeded best-case scenario in July: Eurocontrol
Air traffic in European airspace exceeded Eurocontrol’s “optimistic” scenario in July, with flight numbers at 65% of 2019 levels.
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NewsLate-booking passengers mean network planning grief for airlines
Executives at three European carriers say travel rule confusion and hesitant travellers make it impossible to prepare for winter season
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NewsEasyJet to build maintenance hangar in Berlin
EasyJet will build a hangar at Berlin airport for light base maintenance checks as part of a wider effort to insource more MRO activities.
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NewsEasyJet turns to EU network as it lifts capacity to 60% for key summer months
European low-cost carrier EasyJet expects to fly 60% of its pre-crisis capacity in the three months ending 30 September after operating less than a fifth of capacity in the previous quarter.
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NewsEasyJet crew urged United 787-10 abort after side-step approach error
French investigators have disclosed that an EasyJet Airbus A320 captain intervened to urge a United Airlines Boeing 787-10 crew to execute a go-around, after he saw the 787 had shifted its approach to the wrong runway at Paris Charles de Gaulle. The EasyJet aircraft had been cleared to line up ...
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Airline BusinessLow-cost players raise pressure in ‘groundhog day’ Italian market
Low-cost carriers may already hold a strong grip on the short-haul European market from Italy, but it is not stopping them from expanding their presence this summer.