Tag: easyJet

Lufthansa Submits €500m Bid for Ailing Alitalia

According to Italian newspaper Corriere della Sera, the German airline Lufthansa has offered €500 million (US$590) for the ailing Italian flag-carrying airline, Alitalia. It is understood that the offer is for the planes, airport runway slots, and air crew. However, it is believed that Lufthansa’s intention will be to reduce the 12,000-strong workforce by half, […]

Bankrupt Air Berlin to Stop Flying at the End of the Month

When Air Berlin, Germany’s second-largest airline, filed for bankruptcy protection, the stricken carrier was given a government bridging loan of €150 million (US$177 million) to keep it operational while a buyer, or buyers were sought. It was hoped that the carrier would prove more attractive if it remained operational and the loan was intended to […]

EasyJet Prepares For Fleet Changes

Aircraft scheduled to arrive and leave its fleet over the winter months. UK LCC easyJet is bracing for a busy winter, transitioning aircraft to its Austrian air operator’s certificate (AOC), growing its A320neo fleet and phasing out 30 of its Airbus A319s. EasyJet operates a fleet of 280 aircraft, made up of Airbus A319s, A320s […]

What Future For Airberlin Technik?

As Air Berlin slips into bankruptcy following the withdrawal of financial support from main shareholder Etihad, the fight over its carcass begins. Many expect Lufthansa to pick up a substantial part of the carrier’s airline business, based on reports emanating from the stricken carrier. “Negotiations with Lufthansa and other partners regarding the acquisition of business […]

Airlines Fly Lower After Barcelona Attack

Airline stocks took a nosedive on Friday morning as the horrific van attack in Barcelona the previous evening was felt likely to hit tourism to the region. British Airways and Iberia owner IAG and EasyJet both shed 3% in early trading, while Ryanair was 5% lower on the open, before all three pared losses as […]

EasyJet Posts Strong 3Q Results And Raises FY2017 Profit Outlook

UK-based low-cost carrier (LCC) easyJet reported a strong balance sheet with net cash of £426 million ($553 million) as of June 30. As a result, easyJet raised its profit guidance and expects its pretax headline profit for the full-year to reach £380–£420 million, compared with the £365 million analysts predicted. However, the LCC warned low […]

EasyJet CEO Carolyn McCall To Step Down

UK low-cost carrier easyJet has announced that Carolyn McCall will step down as CEO around the end of 2017 to lead UK television company ITV. The airline said McCall will continue with her existing responsibilities; the search for her successor is already underway. “This was a really difficult decision for me to make,” McCall said. […]

EasyJet Announces Largest Ever Pilot Recruitment Drive

easyJet has announced that it will be launching a recruitment campaign called “For the love of Flying” to attract up to 450 new pilots at the beginning of June. This will be the largest recruitment drive in the airline’s history – an increase on the record 426 recruited last year. Opportunities range from cadet pilots […]

EasyJet To Swap 30 Airbus A320neos For A321neos

UK low-cost carrier (LCC) easyJet has reached an agreement with Airbus to convert 30 of the Airbus A320neos that it has on order to A321neos, with the first delivery scheduled for summer 2018. Announcing the change to the 2013 agreement at the release of its interim results on May 16, easyJet said it had negotiated […]

EU Warns Airlines About Post-Brexit Access

Senior EU officials fear that the airline industry is “in denial” about the potential implications of Brexit, reports The Guardian today. Of chief concern is certain airlines’ continued ability to operate flights between member states once Britain leaves the EU. To do so, carriers must have a “significant” base within the EU and be majority-owned […]