Group revenue increased to £232.1 million for the six months ended June 30 LONDON: Lords Group Trading plc (AIM:LORD), a leading UK distributor of building materials, reported an 8.4% increase in group revenue to £232.1 million for the six months ended June 30, 2025, up from £214.2 million in the same period last year. The…
LONDON: easyJet Plc announced the sale and leaseback of a further eleven aircraft with two counterparties. The transactions generate total cash proceeds of $169.5 million (approximately £130.7m). Ten A320 family aircraft were sold to ACS Aero 2 Beta Limited. The cash sales proceeds were $124.5m (approximately £96.0m), and the aircraft will be leased back for…
LONDON: easyJet Plc confirmed the sale and leaseback of nine aircraft with two counterparties. The transactions generate total cash proceeds of $398.6 million (£305.7m). Following high levels of demand from the operating lease marketplace, easyJet has engaged with a number of operating lessors to raise further liquidity, which will be used to further strengthen easyJet’s…
LONDON: easyJet Plc announce the successful conclusion of its previously announced sale and leaseback programme for a total of 23 aircraft, generating total proceeds of $771 million (£608m), at the upper end of the £500-650 million anticipated proceeds first highlighted in our trading update of 28 May 2020. The final transaction was executed with Jin…
HANOVER: TUI Group has confirmed the signing of a sale and leaseback (SLB) agreement with BOC Aviation Ltd for five new Boeing 737 MAX-8 aircraft for the aggregate sum of $226 million. The first aircraft is expected for delivery in the first quarter of FY21 with the remaining four aircraft expected to be delivered ahead…