Ryanair and Easyjet to continue flying to Spain despite quarantine July 27, 2020 Neither Ryanair or Easyjet will cut their number of flights to Spain despite the government reimposing mandatory quarantine measures on people travelling from the country, the low-cost carriers confirmed today. In a statement, the latter said: “We plan to operate our full schedule in the coming days. “Customers who no longer wish to travel can [...]
Third of Easyjet pilot roles in UK at risk of redundancy June 30, 2020 Up to a third of Easyjet’s pilot roles are at risk of redundancy as the low-budget carrier seeks to cut costs after the coronavirus pandemic. The airline revealed today that it had begun consultation with pilots’ union Balpa over the plan to reduce its staff headcount by 30 per cent. The union said the cuts, [...]
Easyjet confirms more international flights to restart from 1 July June 25, 2020 Easyjet has confirmed plans to begin flying from airports across Europe from July, the low-cost carrier said this morning. After restarting its services with a small number of flights last week, the airline today outlined plans to expand both domestic and international operations. From 1 July, Easyjet will operate 500 flights a day across Europe, [...]
Easyjet raises £419m through share placing to bolster finances June 25, 2020 Low-cost carrier Easyjet today announced that it had raised £419m through a share placing in order to help it withstand the coronavirus pandemic. In total, the budget airline placed 59.5m ordinary new shares – 15 per cent of the firm’s existing share capital – at a price of 703p per share. The placing price represents [...]
Two more Easyjet board members to step down this year June 8, 2020 Two members of the Easyjet board will step down this year, it was announced this morning, just a few weeks after finance chief Andrew Findlay also turned in his resignation. Deputy chairman Charles Gurassa and finance committee chair Andy Martin will quit the board in line with corporate governance best practice, having each served for [...]
Easyjet boss warns that more jobs could be lost due to quarantine plans June 8, 2020 Easyjet’s chief executive Johan Lundgren has warned that the budget airline may be forced into making more job cuts due to the government’s new quarantine rules. The blanket restrictions, which came into effect today, mean that almost all incoming passengers to England must quarantine for 14 days. When asked whether it could lead to more [...]
Easyjet to resume flights on 75 per cent of routes in August June 2, 2020 Easyjet has this afternoon announced that it will resume flying to 75 per cent of its network in August, though it will operate fewer daily services than in a normal summer season. The low-cost carrier is due to begin flying to some locations from 15 June as it seeks to begin its comeback from the [...]
Easyjet finance chief resigns after surviving Stelios coup May 26, 2020 Easyjet chief financial officer Andrew Findlay has resigned from the company just days after surviving an attempted clear-out of the company’s management by founder Sir Stelios Haji-Ioannou. Findlay, who joined the budget airline as finance chief in 2015, will leave the company in May 2021 in line with his contractual obligations. “Although I have given [...]
Easyjet to restart flights from 15 June, passengers to wear face masks May 21, 2020 Easyjet today committed to restarting some domestic flights from 15 June, with all passengers and crew required to wear face masks. The budget airline will resume a “small number” of flights mainly on domestic routes in the UK and France where “there is sufficient customer demand to support profitable flying”. Easyjet said it plans to [...]
Hackers steal 9m Easyjet customers’ data in cyber attack May 19, 2020 Low-cost airline Easyjet said this morning that hackers had obtained the email and travel details of 9m customers, and the credit card details of a further 2,000. In a statement, the firm said: “There is no evidence that any personal information of any nature has been misused. “However, we are communicating with the approximately 9m [...]