Proposed exchange of Gatwick slots

RNS Number : 3680F

easyJet PLC

23 May 2013

 



easyJet announces proposed exchange of Gatwick slots

easyJet plc can confirm it has completed an agreement with Flybe Group plc to acquire 25 pairs of arrival and departure slots at Gatwick airport for a total consideration of £20 million.  The acquisition is subject to the approval of Flybe's shareholders. 

The slots will transfer from summer 2014 and will allow easyJet to provide additional frequencies on popular existing routes from Gatwick as well as add new destinations across the UK and Europe.

For further details please contact easyJet plc:

Institutional investors and analysts: 

Rachel Kentleton                                           [phone]

Tom Oliver                                                       [phone]

Will Maclaren                                                  [phone]

Media:

Paul Moore                                                     [phone]

Edward Simpkins   RLM Finsbury            [phone]

 

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