fbpx
EasyJet Receives £1.4 billion Five-Year Loan

EasyJet Receives £1.4 billion Five-Year Loan

easyJet announced a five-year loan facility, worth £1.4 billion ($1.91 billion), with banks underwriting it and UKEF partially guaranteeing it. Some describe it as a bailout, as it gives the airline valuable liquidity. And they are not the first UK airline to receive...
EasyJet – Airbus Agree On Aircraft Order Deferrals

EasyJet – Airbus Agree On Aircraft Order Deferrals

After refusing deliveries earlier this year, easyJet has now agreed with Airbus to push them back even further. The airline will pick up its next jet in 2022. But it will do so at a higher price than it originally planned. We have previously discussed how most...
Popular Airports A New Target For Low-Cost Carriers?

Popular Airports A New Target For Low-Cost Carriers?

In turbulent times, low-cost airlines are moving into popular airports, to get an advantage. But do they all do it? And is it working for those who do? Low-cost carriers often don’t operate from popular airports. Sometimes this is by choice. If these airports come...
EasyJet – Airbus Agree On Aircraft Order Deferrals

EasyJet Heathrow Plans On The Cards

In an unusual move for a low-cost airline, EasyJet is trying to find slots for flights into London’s Heathrow airport. And with slots in high demand, it won’t be easy. The airline has flown from Luton, Stansted and Gatwick in the London area. The latter is their...

EasyJet Posts First Annual Loss In 25 Years!

COVID Strikes EasyJet British airline EasyJet has posted its first full-year loss in its 25-year history as a result of the coronavirus pandemic but laid out hope that the rollout of vaccines will help it bounce back strongly next year. $1.7 Billion Loss The airline...