easyJet PLC - Aircraft Sale and Leaseback
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easyJet Statement - Aircraft Sale and Leaseback
easyJet is pleased to announce the sale and leaseback of a further eleven aircraft with two counterparties. The transactions generate total cash proceeds of
Ten A320 family aircraft were sold to ACS Aero 2 Beta Limited. The cash sales proceeds were
easyJet also sold one A320 family aircraft to JLPS Holding Ireland Limited for cash proceeds of
Over the terms of the eleven leases the average incremental net annual headline cost reflected in easyJet's income statement will be approximately
On completion of these further sale and leaseback transactions, easyJet now retains 141 fully owned and unencumbered aircraft, representing approximately 41% of the fleet.
easyJet will continue to review its liquidity position on a regular basis and will continue to assess further funding options, including those that exist in the robust sale and leaseback market.
For further details please contact easyJet plc:
Institutional investors and analysts:
A copy of this statement is available at http://corporate.easyjet.com/investors
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