All EasyJet articles – Page 6
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News
Lundgren 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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News
Airlines 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 Business
What 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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News
EasyJet 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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News
Wright 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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News
EasyJet 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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News
UK 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 Business
How 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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News
Europe’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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News
Flight 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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News
Late-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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News
EasyJet 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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News
EasyJet 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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News
EasyJet 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 Business
Low-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.
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Airline Business
Why airlines are worried about passenger-processing times at airports
In a twist that seems unfair given the dreadful time the industry has had over the past 16 months or so, there exists a genuine risk that even a minor uptick in traffic in some markets might threaten to overwhelm the passenger-processing capacity at airports.
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Airline Business
Will Europe’s airlines see a strong recovery in the second half of 2021?
As the second quarter draws to a close, there are signs that the second half of the year holds more promise for short-haul travel at least
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News
Jet2 ‘wave of excitement’ over UK green list fails to reach all airlines
The UK government’s latest update to its ‘green list’ of travel destinations has prompted a mixed reaction from some of the country’s airlines.
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News
HSBC upgrades European low-cost carriers as restart gathers pace
The easing of border restrictions across Europe has led HSBC to upgrade its ratings for the major European low-cost carriers, in the expectation that the positive newsflow will rapidly increase earnings over the coming year.
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News
EasyJet expands Belfast services
EasyJet is ramping up its Belfast operations in the wake of Stobart Air’s collapse.