Key Developments: easyJet plc (EZJ.L)

EZJ.L on London Stock Exchange

27 Nov 2014
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88.00p (+5.70%)
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Latest Key Developments (Source: Significant Developments)

EasyJet PLC To Buy 135 A320 Aircraft From EADS NV's Airbus S.A.S.-DJ
Tuesday, 18 Jun 2013 02:23am EDT 

Dow Jones reported that EasyJet PLC said it has entered into arrangements with EADS NV's Airbus S.A.S. to buy 35 Current Generation A320 Aircraft for delivery between 2015 and 2017 under its existing agreement, and 100 New Generation A320neo Aircraft for delivery from 2017 until 2022, under a new agreement. Under the new agreement, Airbus has also granted the Company the right, but not the obligation, to acquire up to 100 further New Generation A320neo Family Aircraft. New framework arrangements are expected to be funded through a combination of easyJet's internal resources, cashflow, sale and leaseback transactions and debt; new arrangements not expected to impact the Company's ability to pay its dividend in line with its increased payout of three times cover.  Full Article

EasyJet PLC Comments On H2 2013 Guidance
Wednesday, 15 May 2013 04:30pm EDT 

EasyJet PLC announced that second half of 2013, it expects capacity to grow by around 3.5%, with just over 4% growth in third quarter of 2013. And with almost 50% of second-half seats now booked, trading continues to be in line with the expectations. Revenue-per-seat growth at constant currency and including the expected uplift from allocated seating is expected to be around 4%.  Full Article

EasyJet PLC Announces Appointment Of John Barton As Non-Executive Chairman
Wednesday, 17 Apr 2013 02:00am EDT 

EasyJet PLC announced that from May 1, 2013 John Barton is to join the easyJet Board as a non-executive director and will take over from Sir Mike Rake as the Company's Non-Executive Chairman. Sir Mike will stand down from the Board on the same date.  Full Article

easyJet plc Sees H1 2013 Performance In Line With Prior Guidance
Friday, 5 Apr 2013 02:00am EDT 

easyJet plc announced that it expects to deliver a first half 2013 performance in line with the guidance given in the January 24, 2013 Interim Management Statement. Revenue per seat growth at constant currency for first half 2013 was c. 8.5%, marginally ahead of the guidance issued on January 24, 2013, driven in part by stronger than anticipated late bookings in the run up to Easter. easyJet's first half revenue per seat growth was approximately 1.5% points higher due to the timing of Easter which fell on March 31, a week earlier than 2012.  Full Article

easyJet plc Announces Board Change-DJ
Sunday, 27 Jan 2013 07:59am EST 

Dow Jones reported that easyJet plc said Michael Rake is stepping down as Chairman of the Company later this year. The Company said Mr. Rake will stand for re-election at next month's annual meeting to give the budget airline time to appoint a successor.  Full Article

UPDATE 3-EasyJet winter bookings rise as competition heats up

* Shares down 1 pct after strong recent gains (Adds CEO comments, details from call)

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