ARCHIVES

easyjet: no order cancelations possible by ‘force majeure’

easyjet sees no ability to cancel an order for 107 Airbus A320neo-family aircraft without having to compensate the airframer and exposing itself to other additional costs, the airline said in its HY1 2020 results statement. Over recent weeks, a public row was...

Orange easyjet sees red, but improves on costs

Easyjet has ended HY1 2019 with a headline loss before tax of £-275mln, compared to -18mln the previous year. Total loss before tax is -272mln (-68mln). Still, the airline said on May 17 it has delivered in line with expectations. Total revenues for the 6-month period...

easyjet: turning Tegel losses around

Whatever the HY1 2019 results of easyjet will be when they are disclosed on May 17, don’t expect black numbers here from the airline’s operations at Berlin Tegel. As CEO Johan Lundgren recently told Airinsight: “We made a huge improvement from the result that we had...

Premium – EU-based Airbus single aisles for United?

Bloomberg has a great story on United Airlines possibly looking at pre-owned Airbus A319s and A320s.  The bankruptcy at Air Berlin and Monarch create opportunities for cash-flush airlines to bottom fish and acquire equipment at fire-sale prices.  As the story...