All EasyJet articles – Page 8
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NewsEasyJet taps TUI aviation head Jarvis for finance role
EasyJet has named TUI Group’s aviation head Kenton Jarvis as its new chief financial officer, where he will team up again with chief executive Johan Lundgren.
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AnalysisWinter of disconnect ahead for Europe’s airlines
There are few crumbs of comfort for European airlines as they look back on a worse-than-expected summer season and forward to what could be a bleak winter.
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News‘Last chance to save UK airline industry’: EasyJet chief
The chief executive of UK-based low-cost carrier EasyJet has warned that the lack of government support for the airline industry is threatening the sector’s long-term competitiveness.
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NewsEasyJet latest to scale back capacity amid travel restrictions
EasyJet has become the latest European carrier to cut capacity plans in the light of demand being negatively hit by increased travel restrictions.
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NewsEasyJet confirms axing of three UK bases
Low-cost carrier EasyJet is to close its bases at the London airports of Stansted and Southend, as well as Newcastle, as cuts its UK network to counter lower levels of demand.
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NewsA321neo sales lift proceeds of EasyJet leaseback scheme
Budget carrier EasyJet has carried out the sale-and-leaseback of five Airbus A321neo jets, concluding a programme of such transactions covering a total of 23 aircraft. The five A321neos – ranging from five to nine months in age – have been sold to Bocomm Leasing, a division of the Chinese Bank ...
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NewsOverrun risk underlined after third similar EasyJet take-off incident at Lisbon
UK investigators have disclosed that a third EasyJet take-off incident at Lisbon last year, under near-identical circumstances as the previous two, resulted in the Airbus A320 lifting off just 110m from the runway end. The incident, relating to performance calculation confusion, occurred on 16 September last year, shortly before a ...
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NewsUpbeat EasyJet hikes summer capacity further than forecast
UK budget carrier EasyJet is expecting to increase its flight activity to 40% of originally-planned capacity in its fiscal fourth quarter, up from the previous estimate of 30%. EasyJet, whose fourth quarter runs to 30 September, says it also expects a smaller loss than the £325 million ($425 million) headline ...
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NewsEurope’s low-cost carriers look beyond the restart
With the European aviation market shaken and long-haul travel largely absent, it is the continent’s low-cost carriers that are embracing the restart, driven by pent-up leisure and visiting-friends-and-family (VFR) demand.
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AnalysisHow many jobs are airlines cutting due to coronavirus?
Of the large airlines to have made announcements so far, most have implemented job cuts affecting significant proportions of their workforces.
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NewsNear-halving of EasyJet’s German operation in prospect: union
Trade union Verdi believes EasyJet is planning to almost halve its operation at its sole German base in Berlin.
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NewsEasyJet proposes UK base closures including two in London
UK budget carrier EasyJet is proposing to close two of its four London bases, as well as its Newcastle station, as part of the cuts to cope with the coronavirus situation. The airline is looking to shut its London Stansted and London Southend bases, along with Newcastle, and to cut ...
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NewsEasyJet sells six A320neos to SMBC
Budget airline EasyJet has further reinforced its finances after agreeing a $255 million sale-and-leaseback involving six Airbus A320neos. The carrier states that the deal is part of a plan – disclosed in May – to raise about £500-650 million ($620-807 million) through such transactions. EasyJet has identified SMBC Aviation Capital ...
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NewsEasyJet share issue raises £419 million
EasyJet has raised £419 million ($521 million) by placing 59.54 million shares through an immediate accelerated bookbuilding process. The UK low-cost carrier had disclosed on 24 June that it was aiming to raise £400-450 million by issuing just under 15% of its current share capital. Source: AIrbus ...
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NewsEasyJet to reinforce cash position with expanded share issue
UK budget carrier EasyJet is aiming to raise £400-450 million through issuing new shares equating to just under 15% of the current share capital. Up to 59.54 million shares will be placed through an immediate accelerated bookbuilding process. EasyJet has started restoring flight operations after an 11-week grounding. It says ...
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NewsEasyJet agrees five-year deferral on 24 Airbus aircraft
EasyJet has reached an agreement with Airbus to push back by five years the delivery of 24 aircraft that were originally destined to join its fleet between 2020 and 2022.
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NewsEasyJet and Wizz among first to adopt new EASA protocol
Aegean Airlines, EasyJet and Wizz Air have become the first carriers to sign up to the European Union Aviation Safety Agency’s protocol of measures aimed at ensuring the safe restoration of air services.
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NewsEasyJet to meet rivals head-on in summer price war
EasyJet is slashing its summer fares as it prepares to operate around half of its 1,022 routes in July and nearly three-quarters in August.
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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 ...