Less Ads, More Data, More Tools Register for FREE

Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 447.50
Bid: 447.90
Ask: 448.20
Change: -7.50 (-1.65%)
Spread: 0.30 (0.067%)
Open: 455.60
High: 458.40
Low: 445.20
Prev. Close: 455.00
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Airlines must 'use or lose' UK airport slots in return to pre-COVID rules

Tue, 31st Jan 2023 08:44

LONDON, Jan 31 (Reuters) - Airlines operating at British airports will have to use 80% of their take-off and landing slots in order to keep them, the government said on Tuesday, as it brings the industry back in line with pre-pandemic rules.

The so-called "use it or lose it" 80:20 rule, which was waived when COVID-19 led to a drop in passenger numbers, will return from March 26 as demand for international travel soars, Britain's Department for Transport said in a statement.

"Slots rules will return to normal this summer," British Transport Secretary Mark Harper is due to say in a speech at the Airport Operators' Association's annual conference, according to advance extracts released by the department.

"Now we're able to start a new, more optimistic, conversation about the future."

Airport slots are limited and highly valuable, providing airlines permission to use airport infrastructure like runways and terminals at a specific date and time.

A safety net for airlines introduced during the pandemic will remain in place, allowing carriers such as British Airways, Easyjet and Ryanair, to hand back 5% of their slots before the start of the season to help avoid last-minute cancellations.

There will also be flexibility over when airlines are justified not to use their slots, such as where either end of a route is affected by coronavirus restrictions, the government added.

Industry body Airlines UK said it welcomed this flexibility so that airlines aren't punished by travel restrictions.

"Airlines recognise that as passenger demand returns and we approach another busy summer then the slot rules must follow suit. Global recovery is still bumpy though and we’re not yet fully back to normal," a spokesperson said.

The government said its decision followed a consultation with the industry on how best to support its recovery from the pandemic. By October 2022, passenger numbers at UK airports had reached 85% of the equivalent 2019 levels, it added. (Reporting by Sachin Ravikumar, Editing by Kylie MacLellan)

More News
11 Jun 2024 15:20

Lufthansa unlikely to offer more concessions in ITA bid, sources say

BRUSSELS/FRANKFURT/ROME, June 11 (Reuters) - Lufthansa is unlikely to offer more remedies to EU antitrust regulators scrutinising its bid for a stake in state-owned Italian carrier ITA despite their concerns about long-haul flights, three people with direct knowledge of the matter said.

Read more
31 May 2024 11:46

Ryanair, Easyjet and others fined for cabin luggage fees

MADRID, May 31 (Reuters) - Spanish authorities have slapped fines on budget airlines Ryanair, easyJet , Vueling and Volotea totalling 150 million euros ($163 million), consumer groups who lead a six-year campaign against the charges said on Friday.

Read more
31 May 2024 08:55

Ryanair, others fined 150 mln euros in Spain for cabin luggage fees, SER radio reports

MADRID, May 31 (Reuters) - Budget airlines Ryanair , easyJet, Vueling and privately owned Volotea have been fined 150 million euros ($162.30 million) in Spain, local radio SER reported on Friday.

Read more
30 May 2024 13:14

JP Morgan stays at 'overweight' on EasyJet even as supply-demand balance returns

(Sharecast News) - Analysts at J.P.Morgan sounded a positive note on shares of Easyjet following the recent share price weakness that had taken them back to the levels last seen during the previous month of December.

Read more
30 May 2024 09:23

LONDON BROKER RATINGS: Jefferies and UBS cut Anglo American

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

Read more
27 May 2024 07:06

easyJet, eyeing record summer, boosts nerve centre with AI

(Alliance News) - A cutting-edge facility featuring artificial intelligence – easyJet PLC's new control centre is tasked with handling about 2,000 mostly-European flights per day as the British airline eyes high summer demand. 

Read more
23 May 2024 09:46

Wizz Air returns to profit, sees robust year for travel

Company expects 500-600 mln euros FY25 net profit

*

Read more
20 May 2024 17:00

Miners lift London stocks as gold, copper hit record highs

FTSE 100 up 0.1%; FTSE 250 adds 0.6%

*

Read more
20 May 2024 11:59

Ryanair boss says 'recessionary feel' may be limiting air ticket price rises

Ryanair annual profit hits record 1.92 billion euros

*

Read more
17 May 2024 09:06

LONDON BROKER RATINGS: Jefferies says buy Tritax Big Box post merger

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and on Thursday:

Read more
16 May 2024 17:33

FTSE 100 ends lower on disappointing corporate updates, BT Group soars

BT Group up after CEO aims for more than double free cash flow

*

Read more
16 May 2024 16:53

London close: Stocks mixed as ex-divs drag on FTSE

(Sharecast News) - London stocks ended mixed on Thursday, following a flurry of corporate news and a focus on US unemployment figures.

Read more
16 May 2024 16:47

EU poised to veto Lufthansa's ITA deal unless substantial remedies offered, sources say

BRUSSELS, May 16 (Reuters) - Lufthansa's bid to buy a stake in Italian peer ITA is set to be blocked by EU antitrust regulators unless there is a substantial improvement to remedies to address competition concerns, people with direct knowledge of the matter said on Thursday.

Read more
16 May 2024 13:02

Lufthansa offers short-haul compromise for ITA deal, sources say

BRUSSELS/FRANKFURT/ROME, May 16 (Reuters) - Lufthansa has offered to keep some competing ITA short-haul routes in an effort to secure EU antitrust approval for its bid for a stake in the Italian airline, people with direct knowledge of the matter said on Thursday.

Read more
16 May 2024 12:04

EasyJet sinks as CEO plans to step down next year

CFO Jarvis to succeed Lundgren as CEO early next year

*

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.