Post Alstom Deal, General Electric Revs Up In The EU
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Mon, Jul. 14, 3:59 AM
- CFM International, a joint venture between GE (GE) and Safran (SAFRF), has landed another massive jet engine purchase following easyJet's (ESYJY) order for 270 engines covering 135 new aircraft. Details regarding the order remain confidential although the airline says it negotiated a reduced price.
- "The engines will help easyJet to maintain its low cost base and the new generation A320neo is expected to deliver a cost per seat saving of between 11% and 12% compared to the current generation A319," says CEO Carolyn McCall.
Jun. 18, 2013, 3:59 AMParis Air Show: Boeing (BA) has lost out to Airbus (EADSF.PK) for a major order from easyjet (EJTTF.OB), which has agreed to purchase 135 A320 aircraft in a deal that would be worth $11.5B at list prices but in which the airline received a "very substantial" discount. easyjet has also taken an option for another 100 planes. (PR) | Comment!
May. 24, 2011, 7:41 AM
May. 23, 2011, 5:16 AMAirline stocks are falling in Europe as Iceland's recent volcanic eruption threatens to send an ash cloud into U.K. airspace by tomorrow. At present, the only airspace closures expected are in Iceland. In European trading, Easyjet -4.9%, Ryanair -5.3%, Air France -3.3%, Deutsche Lufthansa -3.7%. (previously) | Comment!
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The principal activity of the company and its subsidiaries is the provision of a low cost airline service with care and convenience on short-haul and medium-haul point to point routes principally throughout Europe utilizing Europe's No. 1 air transport network.
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