If you would like to ask our webinar guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them here.

 

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: 524.80
Bid: 525.40
Ask: 525.80
Change: 14.60 (2.86%)
Spread: 0.40 (0.076%)
Open: 512.00
High: 527.20
Low: 510.20
Prev. Close: 510.20
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

BA Cancels Hundreds More Flights As Covid-19 Sees Demand Plummet

Mon, 02nd Mar 2020 17:47

(Alliance News) - British Airways has cancelled more than 400 flights due to a drop in passenger numbers caused by Covid-19, the airline has announced.

British Airways is owned by London-listed International Consolidated Airlines SA.

Most of the cancellations are for short-haul flights between Heathrow and Italy, France, Austria, Belgium, Germany, Ireland and Switzerland.

It has also grounded 24 flights between Heathrow and New York's JFK airport.

A British Airways spokesman said: "To match reduced demand due to the continuing coronavirus issue, we are merging a number of flights between March 16 and March 28.

"We will be contacting customers on cancelled flights so we can discuss their travel options, including re-booking on to other carriers where possible, full refunds, or booking with BA for a later date of travel."

Airlines operating in the EU are not required to pay compensation for flight cancellations if passengers are told at least 14 days before they were due to travel.

British Airways told the PA news agency that pilots and cabin crew due to work on the affected flights would still be paid.

The airline has already suspended its flights serving mainland China and reduced the frequency of flights to northern Italy and Singapore.

It also announced on Monday that it has waived its fees for customers who book flights in the next two weeks, but later decide not to travel.

Ryanair Holdings PLC said it is cancelling up to one in four flights on some of its routes, particularly those serving Italian airports.

The reduced schedule will operate from March 17 until April 8, following a "significant drop in bookings" over the period, according to the carrier.

The Dublin-based airline said it is taking a series of measures in response to the coronavirus outbreak.

These include "rolling schedule cuts", allocating leave or paid leave to pilots and cabin crew, working with suppliers to cut costs and freezing recruitment, promotion and pay across its network.

Ryanair insisted it is "one of the strongest airlines in the industry" but predicted that Covid-19 "will result in further EU airline failures over the coming weeks".

Ryanair Chief Executive Michael O'Leary said: "This is a time for calm. We will make sensible cuts to our schedules over the coming weeks to reflect weaker bookings and changing travel patterns."

easyJet PLC announced last week that it was cancelling some flights because of the coronavirus.

The International Air Transport Association (Iata) warned last month that airlines could lose USD29.3 billion this year due to the outbreak.

The trade association, which represents airlines, has called for regulators to relax rules on take-off and departure slots amid the drop in demand.

Allocation of slots at UK airports is governed by the EU, which has a so-called "use it or lose it" rule, which means airlines must use 80% of their slots or risk losing them.

Iata claimed it would be "inappropriate" to apply the rule in summer 2020, to allow airlines to adjust their schedules in response to the "extraordinary demand developments" caused by Covid-19.

In response, trade body Airports Council International Europe said the virus is "significantly impacting Europe's airports".

It added: "We support a partial relaxation of EU rules governing the use of airport slots use, but do not consider at the moment that a blanket relaxation for all air routes is justified."

By Neil Lancefield, PA Transport Correspondent

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
Today 16:54

LONDON MARKET CLOSE: Shares rise as eyes turn to Bank of England

(Alliance News) - Stock prices in London closed higher on Wednesday, with the FTSE 100 achieving another record high and markets in a confident mood ahead of Thursday's Bank of England decision.

Read more
7 May 2024 17:30

UK's FTSE 100 notches record closing high in broad rally

FTSE 100 up 1.2%, FTSE 250 adds 1.2%

*

Read more
7 May 2024 16:55

LONDON MARKET CLOSE: FTSE 100 driven higher by US rates optimism

(Alliance News) - Stock prices in London closed higher on Tuesday, in a strong start to the new week, with US interest rate optimism supporting equities.

Read more
7 May 2024 16:32

London close: Stocks jump on return from long weekend

(Sharecast News) - London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.

Read more
7 May 2024 14:37

Ryanair leads airline shares lower after warning over summer fares

MILAN, May 7 (Reuters) - Shares in Ryanair fell more than 4% on Tuesday, leading the broader European airline sector lower after CEO Michael O'Leary said ticket prices were likely going rise by less this summer than previously expected.

Read more
7 May 2024 10:20

Italy and Lufthansa make new offer to EU over ITA deal

Italy's economy ministry and Lufthansa submit new proposals

*

Read more
30 Apr 2024 10:06

Premier Inn owner Whitbread to cut 1,500 UK jobs as it closes some restaurants

Dividend hike of 26% to 62.9p

*

Read more
28 Apr 2024 12:55

Lufthansa, ITA to give up 11 slots in Milan to get EU go ahead for tie-up - newspaper

ROME, April 28 (Reuters) - Germany's Lufthansa and Italian rival ITA will offer to cede 11 pairs of slots a day at Milan's Linate airport in order to secure the EU's green light for their proposed tie-up, Italian newspaper Corriere della Sera reported on Sunday.

Read more
28 Apr 2024 10:34

Lufthansa, ITA to give up 11 slots in Milan to get EU go ahead for tie-up - newspaper

ROME, April 28 (Reuters) - Germany's Lufthansa and Italian rival ITA will offer to cede 11 pairs of slots a day at Milan's Linate airport in order to secure the EU's green light for their proposed tie-up, Italian newspaper Corriere della Sera reported on Sunday.

Read more
24 Apr 2024 09:02

LONDON BROKER RATINGS: Investec cuts Hipgnosis Songs Fund to 'hold'

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

Read more
23 Apr 2024 09:00

LONDON BROKER RATINGS: Jefferies raises Reckitt; Learning Tech is cut

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

Read more
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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

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.