Shareholders back EasyJet back rights issue British airline EasyJet said it had received acceptances from investors for 93% of the new shares it sold as part of a £1.2 billion fully underwritten rights issue designed to help fund its recovery from the pandemic. Business • 28 Sep 21
Shareholders back EasyJet back rights issue British airline EasyJet said it had received acceptances from investors for 93% of the new shares it sold as part of a £1.2 billion fully underwritten rights issue designed to help fund its recovery from the pandemic. Business • 28 Sep 21
BA to scrap Gatwick short-haul flights British Airways said it was scrapping most short-haul operations at London's second biggest airport Gatwick, blaming pilots for rejecting a plan to set up a new low-cost unit to better compete against EasyJet as flying returns after the pandemic. Business • 23 Sep 21
BA to scrap Gatwick short-haul flights British Airways said it was scrapping most short-haul operations at London's second biggest airport Gatwick, blaming pilots for rejecting a plan to set up a new low-cost unit to better compete against EasyJet as flying returns after the pandemic. Business • 23 Sep 21
EasyJet bid kicks off race for budget airline supremacy Europe's no-frills airlines are heralding a once-in-a-lifetime opportunity to grab market share from traditional carriers struggling to emerge from the pandemic, but each will have to overcome significant challenges to come out on top. Business • 10 Sep 21
EasyJet bid kicks off race for budget airline supremacy Europe's no-frills airlines are heralding a once-in-a-lifetime opportunity to grab market share from traditional carriers struggling to emerge from the pandemic, but each will have to overcome significant challenges to come out on top. Business • 10 Sep 21
EasyJet rejects Wizz bid, raises $1.7bn to go it alone EasyJet has rejected a takeover approach from Wizz Air that would have created a low-cost airline to rival Ryanair, opting instead to raise $1.7 billion from shareholders and go it alone in an industry battling to recover from the pandemic. Business • 09 Sep 21
EasyJet rejects Wizz bid, raises $1.7bn to go it alone EasyJet has rejected a takeover approach from Wizz Air that would have created a low-cost airline to rival Ryanair, opting instead to raise $1.7 billion from shareholders and go it alone in an industry battling to recover from the pandemic. Business • 09 Sep 21
EasyJet names ex-RBS boss Hester as new chairman UK airline EasyJet said today it had appointed former RBS chief executive Stephen Hester as its chair designate to succeed John Barton. Business • 23 Aug 21
EasyJet names ex-RBS boss Hester as new chairman UK airline EasyJet said today it had appointed former RBS chief executive Stephen Hester as its chair designate to succeed John Barton. Business • 23 Aug 21
EasyJet ramps up summer capacity as demand grows British airline easyJet plans to fly 60% of its pre-pandemic capacity in the July-September period, a big jump from the 17% in the previous quarter, as Covid restrictions ease and travel appetite builds across Europe. Business • 20 Jul 21
EasyJet ramps up summer capacity as demand grows British airline easyJet plans to fly 60% of its pre-pandemic capacity in the July-September period, a big jump from the 17% in the previous quarter, as Covid restrictions ease and travel appetite builds across Europe. Business • 20 Jul 21
EasyJet posts half yearly loss of £701m EasyJet said it was poised to ramp up summer flight schedules with an easing of Covid-19 restrictions, but it warned that the late announcement of travel rules reduced visibility as it reported a wider half-year loss. Business • 20 May 21
EasyJet posts half yearly loss of £701m EasyJet said it was poised to ramp up summer flight schedules with an easing of Covid-19 restrictions, but it warned that the late announcement of travel rules reduced visibility as it reported a wider half-year loss. Business • 20 May 21
Airlines look past slow recovery to post-Covid travel Even as new setbacks cloud their path to recovery, airline bosses are focusing on the lasting impact of Covid-19 on premium travel, technology and other pillars of their business. Business • 23 Apr 21
Airlines look past slow recovery to post-Covid travel Even as new setbacks cloud their path to recovery, airline bosses are focusing on the lasting impact of Covid-19 on premium travel, technology and other pillars of their business. Business • 23 Apr 21
EasyJet sees more flying from late May EasyJet said it expected to start to fly more passengers from late May onwards and that by then most European countries should be open to British holidaymakers, painting an optimistic picture about the return of travel. Business • 14 Apr 21
EasyJet sees more flying from late May EasyJet said it expected to start to fly more passengers from late May onwards and that by then most European countries should be open to British holidaymakers, painting an optimistic picture about the return of travel. Business • 14 Apr 21
EasyJet CEO criticises Britain's travel restart plan The chief executive of EasyJet has criticised some of the British government's plans to restart travel, saying Covid-19 tests should not be required for passengers travelling to low-risk destinations. Business • 06 Apr 21
EasyJet CEO criticises Britain's travel restart plan The chief executive of EasyJet has criticised some of the British government's plans to restart travel, saying Covid-19 tests should not be required for passengers travelling to low-risk destinations. Business • 06 Apr 21
Budget airlines seek EU sustainable fuel quotas Ryanair, Easyjet and other low cost airlines have written to the European Union asking that its plan to force carriers to use a certain share of sustainable fuels apply to all flights, not just short-haul ones. Business • 11 Mar 21
Budget airlines seek EU sustainable fuel quotas Ryanair, Easyjet and other low cost airlines have written to the European Union asking that its plan to force carriers to use a certain share of sustainable fuels apply to all flights, not just short-haul ones. Business • 11 Mar 21
Holiday bookings soar as UK hopes for travel restart EasyJet said flight bookings jumped over 300% and holidays bookings surged by more than 600% week on week. Business • 23 Feb 21
Holiday bookings soar as UK hopes for travel restart EasyJet said flight bookings jumped over 300% and holidays bookings surged by more than 600% week on week. Business • 23 Feb 21
EasyJet quarterly revenues slump 88% on Covid curbs EasyJet has reported an 88% slump in quarterly revenues as passenger numbers collapsed 87%, hit by the second wave of the pandemic in Europe which has led to new lockdowns and tightening travel restrictions. Business • 28 Jan 21
EasyJet quarterly revenues slump 88% on Covid curbs EasyJet has reported an 88% slump in quarterly revenues as passenger numbers collapsed 87%, hit by the second wave of the pandemic in Europe which has led to new lockdowns and tightening travel restrictions. Business • 28 Jan 21
EasyJet cabin crew to help with UK vaccination scheme British airline EasyJet said the National Health Service would train hundreds of its cabin crew to administer Covid-19 vaccines under a fast-track scheme designed to help boost the country's vaccination efforts. Business • 13 Jan 21
EasyJet cabin crew to help with UK vaccination scheme British airline EasyJet said the National Health Service would train hundreds of its cabin crew to administer Covid-19 vaccines under a fast-track scheme designed to help boost the country's vaccination efforts. Business • 13 Jan 21
EasyJet boosts liquidity with new $1.87 billion loan EasyJet has boosted its liquidity through a new five-year loan facility of $1.87 billion, backed by a partial guarantee from Britain. Business • 11 Jan 21
EasyJet boosts liquidity with new $1.87 billion loan EasyJet has boosted its liquidity through a new five-year loan facility of $1.87 billion, backed by a partial guarantee from Britain. Business • 11 Jan 21
Lockdowns force BA, EasyJet to review flying plans UK-based airlines British Airways and EasyJet said they were reviewing their plans in response to new national Covid-19 lockdowns, with reductions to already low levels of flying almost certain. Business • 05 Jan 21
Lockdowns force BA, EasyJet to review flying plans UK-based airlines British Airways and EasyJet said they were reviewing their plans in response to new national Covid-19 lockdowns, with reductions to already low levels of flying almost certain. Business • 05 Jan 21
EasyJet defers Airbus aircraft delivery British airline EasyJet, whose finances have come under severe pressure during the Covid-19 pandemic, has agreed with Airbus to defer the delivery of aircraft, it said today. Business • 22 Dec 20
EasyJet defers Airbus aircraft delivery British airline EasyJet, whose finances have come under severe pressure during the Covid-19 pandemic, has agreed with Airbus to defer the delivery of aircraft, it said today. Business • 22 Dec 20
Gatwick Airport sees travel boost on new testing rules The boss of Britain's Gatwick Airport said the introduction of shorter quarantine times from mid-December was boosting travel. Business • 27 Nov 20
Gatwick Airport sees travel boost on new testing rules The boss of Britain's Gatwick Airport said the introduction of shorter quarantine times from mid-December was boosting travel. Business • 27 Nov 20
EasyJet's domestic bookings rise as UK lockdown ends EasyJet said domestic bookings for December had risen significantly this week compared to last week after news that some Covid-19 restrictions in its UK home market would be eased. Business • 26 Nov 20
EasyJet's domestic bookings rise as UK lockdown ends EasyJet said domestic bookings for December had risen significantly this week compared to last week after news that some Covid-19 restrictions in its UK home market would be eased. Business • 26 Nov 20
Covid-19 pushes EasyJet to annual loss of £1.27 billion EasyJet plunged to a £1.27 billion loss in the 12 months to the end of September, showing the extent of the impact of the pandemic on the British low-cost airline which had never before made an annual loss in its 25 year history. Business • 17 Nov 20
Covid-19 pushes EasyJet to annual loss of £1.27 billion EasyJet plunged to a £1.27 billion loss in the 12 months to the end of September, showing the extent of the impact of the pandemic on the British low-cost airline which had never before made an annual loss in its 25 year history. Business • 17 Nov 20
EasyJet scales back flying capacity due to lockdowns UK airline EasyJet said recently announced lockdowns in England, Germany and France had forced it to scale back its already reduced flying schedule. Business • 06 Nov 20
EasyJet scales back flying capacity due to lockdowns UK airline EasyJet said recently announced lockdowns in England, Germany and France had forced it to scale back its already reduced flying schedule. Business • 06 Nov 20
EasyJet says uncertain on full-year results date EasyJet is considering options to bolster its finances, and is not against state support to help the airline get through the coronavirus pandemic, chief executive Johan Lundgren said over the weekend. Business • 02 Nov 20
EasyJet says uncertain on full-year results date EasyJet is considering options to bolster its finances, and is not against state support to help the airline get through the coronavirus pandemic, chief executive Johan Lundgren said over the weekend. Business • 02 Nov 20
EasyJet boosts finances with sale and leaseback deals British airline EasyJet said it raised $398.6m from the sale and leaseback of nine aircraft to boost its pandemic-hit finances. Business • 27 Oct 20
EasyJet boosts finances with sale and leaseback deals British airline EasyJet said it raised $398.6m from the sale and leaseback of nine aircraft to boost its pandemic-hit finances. Business • 27 Oct 20
EasyJet says pandemic will cause annual loss of £845m EasyJet warned today that its first ever annual loss could be as much as £845m as the pandemic meant it was flying just 25% of planned capacity. Business • 08 Oct 20
EasyJet says pandemic will cause annual loss of £845m EasyJet warned today that its first ever annual loss could be as much as £845m as the pandemic meant it was flying just 25% of planned capacity. Business • 08 Oct 20
Deal to avoid compulsory EasyJet pilot redundancies A deal has been agreed to avoid compulsory job losses among pilots at airline EasyJet, their union has announced. Business • 25 Sep 20
Deal to avoid compulsory EasyJet pilot redundancies A deal has been agreed to avoid compulsory job losses among pilots at airline EasyJet, their union has announced. Business • 25 Sep 20
