EasyJet raises $266 million from sale and leaseback

EasyJet said on Friday that it had raised an additional $266m from the sale and leaseback of five of its aircraft. The deal with BOCCOMM Leasing will see EasyJet lease five Airbus A321neo aircraft until they are in service for 10 years. EasyJet said it would continue to review its finances as the pandemic progresses. “EasyJet will continue to review its liquidity position on a regular basis and will continue to assess any further funding opportunities,” the airline said in a statement. Announcing the move, chief executive Johan Lundgren said that bookings for the rest of the summer were higher