All EasyJet articles – Page 7
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Airline BusinessUK airlines forced back into holding pattern as government plays it safe
After the UK government’s first announcement of its “green list” in early May caused airline dismay at the slim pickings on show, the first review of that list on 3 June has surprised many by only increasing industry frustration.
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Airline BusinessEasyJet mirrors European airlines in pinning hopes on late summer recovery
If there was a familiar ring to the narrative around EasyJet’s first-half results and outlook today, it’s because in many ways it has already played out across a string of European carriers across the current financial reporting season.
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NewsEasyJet ready to ‘flex up’ capacity after pandemic-hit first-half loss
Low-cost carrier EasyJet expects to fly only 15% of its capacity in the current quarter after posting a pre-tax loss of €701 million for the first half of its fiscal year.
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Airline BusinessAirlines frustrated at UK travel ‘green list’ but Europe still on recovery course
The mood music is undeniably improving across a European region where vaccination programmes have ramped up significantly in recent weeks.
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News‘Not worth commenting on’: IATA chief Walsh slams UK travel restart plan
The UK’s announcement of countries to which non-essential travel can resume from 17 May has been given short shrift by IATA director general Willie Walsh.
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NewsUK gives green light for travel to 12 countries including Israel and Portugal
The UK government has named Israel, Portugal and Gibraltar among 12 countries on its ‘green list’ of destinations for the resumption of non-essential international travel on 17 May.
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NewsEasyJet keeping one eye on growth: chief
EasyJet remains in expansion mode and is laying the groundwork to achieve this over the coming years, according to the UK low-cost carrier’s chief executive Johan Lundgren.
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Airline BusinessEyes on UK for first signs of European air travel recovery
The real test is ahead; as the region moves towards the middle of the year and the crucial June-August holiday season, will markets begin to open up and genuine recovery momentum build?
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NewsEasyJet edges capacity levels upwards as it aims for summer recovery
UK budget carrier EasyJet is expecting to fly up to 20% of its pre-crisis capacity over the third quarter, up from 14% during the first half, and foresees these levels to start increasing from late May onwards. The airline provided the latest outlook as it projected first-half headline pre-tax losses, ...
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NewsVaccine certificates ‘helpful’ but restriction-free travel is goal: EasyJet chief
The European Commission’s proposed Digital Green Certificate is likely to be “helpful” during the reopening of international travel markets, according to EasyJet chief executive Johan Lundgren, but measures should be temporary and proof of vaccination should not mandatory.
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NewsEasyJet chief dismisses sustainable fuels as irrelevant to short-haul future
Short-haul carriers have little reason to invest in the development of sustainable aviation fuels (SAFs) when new propulsion technologies are on the horizon, in the view of EasyJet chief executive Johan Lundgren.
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NewsEasyJet operating 10% capacity but eyes chances to pounce
EasyJet expects to operate only around 10% of its capacity during the first quarter of the calendar year as travel restrictions tighten, but believes it can quickly capitalise on opportunities at key airports where rivals have retrenched. In a trading update today, the UK low-cost carrier says it carried almost ...
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NewsUK airline leaders call for support and exit plan as borders tighten
The chief executives of several UK airlines have issued a joint call for the country’s government to outline an “urgent roadmap” for the reopening of air travel, while at the same time demanding an aviation support package “that recognises the urgency and scale of the danger now facing our sector”.
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NewsEasyJet raises $1.9 billion partially guaranteed loan
EasyJet has raised a $1.87 billion loan which is partially guaranteed by the UK’s export-credit agency. The five-year loan is underwritten by a syndicate of banks, says the low-cost carrier, and supported by a partial guarantee from UK Export Finance under its export development guarantee scheme. Source: Shutterstock ...
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NewsEasyJet to slash network amid UK lockdown
EasyJet is paring back its operations to just “essential connectivity” between key UK cities and select international routes, as the low-cost carrier’s home country enters a further national lockdown. Existing operations will run up to and including 10 January, to enable passengers to return to the UK, after which the ...
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NewsEasyJet restricts voting power of shares held by non-EU interests
Budget carrier EasyJet has started suspending voting rights for certain shares which are still held by non-European Union interests, in order to comply with EU ownership regulations. EasyJet holds an EU operating licence and, as a result, needs to be majority-owned by EU and associated nationals. But EasyJet’s shareholder structure ...
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Airline BusinessHow many jobs have Europe’s airlines cut in 2020?
Tens of thousands of jobs have been lost in Europe’s airline sector since the crisis began, as carriers seek to reduce cash burn and ‘right-size’ for the eventual recovery in demand.
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NewsEasyJet readies Brexit ownership contingency plan
Low-cost carrier EasyJet has confirmed it will activate a contingency plan if non-EU nationals’ ownership of the carrier remains above 49.5% when the UK’s Brexit transition period expires at the end of the month.
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NewsEasyJet defers deliveries of 22 more A320neos
EasyJet has pushed back delivery of 22 more Airbus A320neo originally set for delivery during its next three financial years, meaning the airline is set to take 33 new aircraft over the coming four years.
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NewsFresh Europe travel restrictions ‘worst possible timing’ for airlines: analysts
New restrictions on travel to and from the UK amid concerns over a new Covid-19 variant are the “worst possible timing” for airlines expecting a desperately needed boost in fortunes over the holiday period, in the view of analysts at Bernstein.
