Easyjet News Page 15
easyJet Holidays records spike in demand for travel
easyJet Holidays has seen a spike in demand for trips, with bookings for summer this year up 250 per cent compared to the same time last year.
easyJet secures £1.4bn government-backed loan
The deal is underwritten by a syndicate of banks and is supported by a partial guarantee from UK Export Finance under its Export Development Guarantee scheme.
easyJet plans Gatwick expansion for summer 2021
In expectation of a rapid return to flying once restrictions are eased, the airline will base four more aircraft at the airport, taking its fleet up to a record 71 aircraft by next summer.
easyJet puts winter 2022 flights on sale
The move provides further options for customers whose travel plans have been disrupted due to the pandemic so they can rebook all the way up until spring 2022.
easyJet to charge for overhead locker space
easyJet will permit passengers to stow only one small bag under the seat in front of them from February 10th as the low-cost carrier seeks to boost auxiliary revenue.
easyJet reports first ever annual loss
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 makes further capacity cuts as Covid-19 restrictions hit Europe
The decision follows from France, Germany and the UK in recent day to reintroduce stricter measures to tackle growing numbers of cases of Covid-19.
easyJet raises £305m in new aircraft sales
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.
Low-cost carries cut capacity as second Covid-19 wave bites
Low-cost carriers in Europe are reacting to a second wave of Covid-19 across the continent and the associated travel restrictions and quarantine requirements.
easyJet expects to report first ever full-year loss
The low-cost carrier expects to report a headline loss before tax in the range of £815 to £845 million for financial 2020. Final results will be issued in mid-November, with no dividend expected.
Icelandair joins Worldwide by easyJet
Icelandair and easyJet have entered into a partnership agreement with Icelandair joining Worldwide by easyJet, a flights connections platform.
easyJet cuts capacity in wake of latest quarantine changes
The low-cost carrier said it will cut flying capacity in response to the ever-changing quarantine restrictions imposed by the UK government. Seven Greek islands were earlier removed from the UK safe list.