easyJet plc (“easyJet”) has previously indicated that it would actively consider all possible opportunities for further expansion in the European short haul airline market, including the addition of new slots and routes. Since September 11, these opportunities, including corporate transactions, have increased significantly and are under active consideration. In this context easyJet announces that it is in exclusive negotiations with 3i Group plc and Go regarding the possible acquisition of Go.
easyJet has become aware of a leak of those negotiations. easyJet confirms that the negotiations are at an advanced stage and also confirms its intention only to conclude these negotiations if it believes that the acquisition would be in the interests of shareholders, customers and staff.
A further announcement will be made in due course.