All EasyJet articles – Page 10
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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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News
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.
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News
EasyJet set to branch into package holiday business
UK budget operator EasyJet is aiming to launch a new holidays business over the next month, which it forecasts will break even during its first year.
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News
EasyJet firms 12 A320neos but defers 12 others
UK budget carrier EasyJet is firming options on 12 more Airbus A320neos but is cutting back its 2021 deliveries by 12 aircraft, postponing them at least to 2023.
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News
EasyJet picks up Thomas Cook slots at UK airports
UK budget carrier EasyJet has picked up several slots at London Gatwick and Bristol airports from the liquidators of collapsed leisure firm Thomas Cook Group.
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Analysis
Airlines body IATA seeks spares-market transparency
IATA is in the process of preparing a web-based tool to help airlines and aftermarket players evaluate used spare parts in an effort to make pricing for such material more transparent.
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News
EasyJet claims benefit from BA and Ryanair strikes
EasyJet is expecting a full-year headline pre-tax profit of £420-430 million ($516-528 million), down on the previous level of £578 million.