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easyJet reports first ever annual loss

easyJet reports first ever annual loss

17 November 2020 Airline News

The low-cost carrier has reported a loss before tax of £1.27 billion for financial 2020 as the Covid-19 pandemic rips through the aviation industry. The figure compares to a profit of £430 million last year.

easyJet raises £305m in new aircraft sales

easyJet raises £305m in new aircraft sales

27 October 2020 Airline News

easyJet has raised £305 million in fresh liquidity following the sale and lease back of a number of aircraft. The low-cost carrier confirmed arrangements for nine aircraft with two counterparties this morning.