Articles tagged “easyjet”

EasyJet Confirms It Won’t Take Part in Alitalia Rescue

EasyJet Confirms It Won’t Take Part in Alitalia Rescue

Anthony Palazzo, Bloomberg

All eyes are on Delta Air Lines now. How interested is it in still taking part in the Alitalia rescue?

22 hours ago

EasyJet Close to Pulling the Plug on Its Rescue of Alitalia

EasyJet Close to Pulling the Plug on Its Rescue of Alitalia

Daniele Lepido and John Follain, Bloomberg

If EasyJet is no longer interested, what does this mean for Delta? Could we see Lufthansa or even Air France-KLM step in?

5 days ago

Europe’s Airline CEOs Fess Up to Which Rivals They Admire Most

Europe’s Airline CEOs Fess Up to Which Rivals They Admire Most

Irene García Pérez, Bloomberg

European airline CEOs pick which rival airline they'd love to run given the chance. There's a certain amount of truth behind their nonchalance at the end of a long day at an industry event.

2 weeks ago

Italy’s Deputy Prime Minister is Confident EasyJet and Delta Air Lines will Invest in Alitalia

Italy’s Deputy Prime Minister is Confident EasyJet and Delta Air Lines will Invest in Alitalia

John Follain and Flavia Rotondi, Bloomberg

Delta Air Lines and EasyJet are two of the world's best-run airlines. Why do they want to invest in an airline that has repeatedly disappointed its investors? We're not sure, but presumably they have their reasons.

3 weeks ago

Air France-KLM Moves to Simplify Airline Group

Air France-KLM Moves to Simplify Airline Group

Patrick Whyte, Skift

Ben Smith is talking the talk right now, but unlike his predecessors who disappointed: Will he be able to walk the walk?

4 weeks ago

Delta and EasyJet Ponder $452 Million Investment in Alitalia

Delta and EasyJet Ponder $452 Million Investment in Alitalia

Tommaso Ebhardt, Sonia Sirletti and Ruth David , Bloomberg

The rescue plan for troubled Alitalia is becoming clearer as Delta and Easyjet mull over how much they would invest in the airline. The burn rate on cash is considerable so decisions need to be made sooner rather than later to keep the Italian airline alive.

4 weeks ago

Italy’s Government Wants to Remain Central to Alitalia’s Future

Italy’s Government Wants to Remain Central to Alitalia’s Future

Chiara Albanese, Daniele Lepido and Tommaso Ebhardt, Bloomberg

A lot of smart people think the best course of action is for Alitalia to disappear. But the national government has decided it is an important resource and seems intent on not letting go.

1 month ago

Delta Wants an EasyJet Partnership in Bid for Alitalia

Delta Wants an EasyJet Partnership in Bid for Alitalia

John Follain, Bloomberg

The details on Delta's quest for a partnership with rival bidder easyJet for bankrupt Alitalia are so sparse they are difficult to assess. But a decision on the fate of the bankrupt Italian carrier could be coming this week.

1 month ago

Drone Incidents at Gatwick Cost EasyJet $12.9 Million in Revenue in December

Drone Incidents at Gatwick Cost EasyJet $12.9 Million in Revenue in December

Christopher Jasper and Irene García Pérez, Bloomberg

EasyJet was sitting pretty last year after the demise of some of its rivals, but it is finding things much tougher now. Airfares are falling, and although the threat of a disorderly Brexit is having little impact at the moment, that might change as March 29 gets closer.

2 months ago

Ryanair Closes Vacations Website

Ryanair Closes Vacations Website

Patrick Whyte, Skift

When Ryanair launched its holidays division, we said travel companies shouldn't lose too much sleep over it. We were right.

2 months ago

Struggling Norwegian Thinks It Is in Better Shape for 2019

Struggling Norwegian Thinks It Is in Better Shape for 2019

Patrick Whyte, Skift

From the sounds of it, Norwegian's next earnings update won't be pretty but it will be hoping that it has done enough cost-cutting to put it on a sounder footing in 2019.

2 months ago

Gatwick Airport’s Budget Travel Potential Is Key to New Investors

Gatwick Airport’s Budget Travel Potential Is Key to New Investors

Stefan Nicola and Ellen Milligan, Bloomberg

Sure, budget flights are doing pretty well, but building a multi-billion dollar business on a foundation of cheapskates who will fly anywhere as long as its under £20 doesn't seem so wise.

3 months ago