(ANSA) - Rome, April 10 - Lufthansa has presented an offer for Alitalia, sources said on Tuesday. A deadline for binding proposals for the former Italian flag-carrier ran out at 16:00 on Tuesday. EasyJet said Tuesday that it has presented "a revised expression of interest for a restructured Alitalia, together with a consortium, and consistent with EasyJet's current strategy in Italy". The low-cost carrier added in a statement that "considering the type of procedure, the content of this expression of interest remains reserved". … [Read more...] about Lufthansa presents Alitalia offer, EasyJet expresses interest
By April 10, 2018, 11:57 AM EDT EasyJet Plc has approached Alitalia SpA about a possible takeover of the Italian airline once it has been restructured.Europe’s second-biggest low-cost airline has “submitted a revised expression of interest for a restructured Alitalia,” the Luton, England-based company said in a statement Tuesday. The airline is acting within a consortium and the move is “consistent” with its existing strategy for Italy.Alitalia, which is on state support and searching for a rescuer, was declared insolvent nearly a year ago and has been in talks with a number of foreign investors interested in acquiring parts of its business. The state extended the deadline for bids and agreed to pump an additional 300 million euros ($370 million) into the airline through a bridge loan to keep it afloat.Deutsche Lufthansa AG, EasyJet and Cerberus Capital Management LP are among the entities that have reportedly shown interest. This is the … [Read more...] about EasyJet Makes Approach for Possible Takeover of Alitalia
News / Business by Press Association 10/04/2018, 5:22 pm FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter Budget airline easyJet has again signalled its interest in bankrupt Italian carrier Alitalia as part of a consortium that also includes Air France and US private equity firm Cerberus. In a stock market announcement late on Tuesday, easyJet said that it had submitted a “revised expression of interest” for a restructured Alitalia. “EasyJet has today submitted a revised expression of interest for a restructured Alitalia, together as part of a consortium, consistent with EasyJet’s existing strategy for Italy. “Given the nature of the process, the content of the expression of interest is subject to confidentiality. “There is no certainty at this stage that any transaction will proceed and easyJet will provide a further update in due course if and when appropriate,” the group added. EasyJet had … [Read more...] about EasyJet expresses interest in bankrupt Alitalia
Easygroup, the parent company behind brands like Easyjet, is expanding further into the property sector by launching Easyconveyance, a new conveyance comparison tool. The online platform, which launched today, allows home buyers and sellers to compare conveyancing quotes online from over 200 conveyancing and property solicitors’ firms across the UK. The website also allows buyers and sellers to instruct their chosen conveyancer to act on their behalf, and then track the progress of their sale or purchase. Buyers and sellers also have phone access to a UK help desk seven days a week to receive updates. Read more: Easyjet boss: Brexit won't force UK shareholders to sell their stakes “The home buying process in the UK is outdated and problematic, with over 25 per cent of house sales collapsing each year,” said Conor McCann, the new tool's founder and CEO. “This can be stressful and costly for both buyers and sellers, with Which? magazine rating buying and moving … [Read more...] about Easyjet founder launches conveyance comparison tool Easyconveyance
As the two pilots come through the doors at easyJet’s Luton airport headquarters, it remains unusual to see the first – a tall, middle-aged man – defer to the second, a woman, and head off to sort out the paperwork. But the captain today is Marnie Munns, one of the 4% of commercial airline pilots who are female, and part of an even smaller number who have made it to the top rank. Gender pay gap data has underlined quite how rare a female pilot remains: at Munns’ employer 6% are women – a rate easyJet has doubled for new entrants – while Ryanair revealed just eight of its 554 UK-based pilots are women. Yet Munns, 44, says she only recently grasped how many people thought it was “not normal for women”. A Swiss passenger objected when Munns was flying with a female co-pilot: “She said, ‘I’m not sure I’m happy with this scenario, two women on a flight deck.’ I thought she was joking – but she was really … [Read more...] about What’s life like for a female easyJet pilot?