easyJet plc has today received public credit ratings and intends to publish an Offering Circular for a Euro Medium Term Note (EMTN) Programme to facilitate access to new and cheaper sources of funding.
easyJet has been assigned investment grade ratings of BBB+ (stable) by Standard & Poor’s and Baa1 (stable) by Moody’s which reflect the quality of easyJet’s business model, the sustained track record of profitable growth, the strength of easyJet’s balance sheet and the high levels of cash generated by the airline.
Any funds raised from the programme will be used to support the continued delivery of easyJet’s successful strategy, its planned annual passenger growth of between 7-8% and, in particular, the airline’s already published fleet requirements which support this profitable growth.
easyJet is conducting a wholesale debt investor roadshow from 12 January and subject to market conditions an inaugural capital markets transaction may follow.
Relevant stabilisation regulations, including those of the Financial Conduct Authority and the International Capital Markets Association, apply.
Airways International has entered into a new five-year partnership with the Civil Aviation Authority of Malaysia (CAAM), extending the use of its SureSelect air traffic control (ATC) candidate assessm...
Bye Aerospace’s eFlyer 2 has completed its first flight powered by magniX’s Samson300 battery system, marking a significant step forward for electric flight training technology. Departing...
Boeing and Biman Bangladesh Airlines announced the national carrier placed an order for 11 787 Dreamliner and 737 MAX airplanes to grow and renew its fleet. The purchase, which includes five 787-10 an...
As the first aviation company in Kansas to introduce state-registered youth apprenticeships through the Kansas Office of Apprenticeships, Textron Aviation is taking a leading role in workforce develop...
