The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 456.60
Bid: 458.20
Ask: 458.70
Change: -9.00 (-1.93%)
Spread: 0.50 (0.109%)
Open: 465.30
High: 469.10
Low: 456.60
Prev. Close: 465.60
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Britain's airlines say extra support needed if travel stays shut

Thu, 10th Jun 2021 00:01

LONDON, June 10 (Reuters) - Airlines based in Britain have
told the government they will need industry-specific support to
help them survive if COVID-19 rules continue to keep travel
markets shut.

Companies including British Airways, easyJet
and Ryanair are in a deepening crisis after
Britain's plans to restart travel on May 17 following a 4-1/2
month ban on foreign holidays fell far short of their hopes.

Britons are still discouraged from travelling to most
countries, and since the May reopening, the government has
tightened the rules, removing one of the few destinations that
was open, Portugal, from a safe travel list.

As July and August approach, the months when airlines make
most of their profits, there are worries the summer season may
be lost for a second year in a row, risking airline viability
and jobs.

"If a meaningful reopening is not possible during the summer
... then targeted economic support will be essential to ensure
UK airlines are able to reach the point when a restart is
possible, in order to protect many tens of thousands of jobs,"
industry lobby Airlines UK said in a letter to finance minister
Rishi Sunak on Thursday.

Come the end of September, government support schemes to
protect jobs are also due to end, a worry for airlines that
might still be grounded due to foreign travel restrictions.

Airlines UK said it wanted Sunak to extend furlough for
aviation workers to the end of April 2022, give airlines longer
to repay COVID-19 government loans, and launch a "restart grant"
scheme to help airlines pay to maintain planes they cannot use.

In the letter, the airlines said their preference would be
for travel to restart and be unrestricted for vaccinated people.
But recent government policy and comments suggest this is
unlikely.

That puts UK airlines at a disadvantage to peers in Europe,
as countries there begin to allow more travel, while Britain
sticks with its 10 day quarantine and testing requirements.
(Reporting by Sarah Young
Editing by Mark Potter)

More News
1 Feb 2024 13:34

Broker tips: Next, Marshalls, easyJet

(Sharecast News) - Barclays downgraded Next to 'equalweight' from 'overweight' on Thursday but lifted the price target to 8,500p from 8,250p, as it said the valuation is now reasonable.

Read more
1 Feb 2024 12:22

LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision

(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.

Read more
1 Feb 2024 09:03

LONDON BROKER RATINGS: Barclays cuts Next; JPMorgan raises easyJet

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

Read more
1 Feb 2024 07:58

JPMorgan upgrades easyJet to 'overweight'

(Sharecast News) - JPMorgan Cazenove upgraded easyJet on Thursday to 'overweight' from 'neutral' as it took a look at European airlines.

Read more
26 Jan 2024 09:07

LONDON BROKER RATINGS: Morgan Stanley ups Rightmove; Deutsche cuts IHG

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

Read more
25 Jan 2024 10:44

RBC Capital lifts easyJet price target after Q1 update

(Sharecast News) - RBC Capital Markets hiked its price target on easyJet to 540p from 500p on Thursday and lifted estimates after the budget airline's first-quarter update a day earlier.

Read more
25 Jan 2024 09:30

Wizz Air's Q3 loss swells on MidEast flight disruptions

Q3 operating loss 180 mln euros vs forecast 93 mln euro loss

*

Read more
25 Jan 2024 09:10

LONDON BROKER RATINGS: JPMorgan raises Admiral Group to 'neutral'

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

Read more
24 Jan 2024 17:03

LONDON MARKET CLOSE: PMI data and China bank measures boost stocks

(Alliance News) - Stock prices in London closed up on Wednesday amid a host of strong PMI data from around the world, while bank measures in China boosted blue-chip miners.

Read more
24 Jan 2024 16:31

London close: Stocks rise on positive news from China

(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.

Read more
24 Jan 2024 12:13

EasyJet CEO urges reform after French near-miss tied to controller shortage

LONDON/PARIS, Jan 24 (Reuters) - EasyJet has urged French authorities to resolve air traffic control problems after a report into a near-collision involving one of its jets cited staff shortages and absenteeism.

Read more
24 Jan 2024 12:08

LONDON MARKET MIDDAY: UK PMI data and China bank measures lift mood

(Alliance News) - Stock prices in London were up midday Wednesday, buoyed by data showing the start of the year has been decent for the UK private sector, while mining firms were boosted by efforts out of China to boost growth.

Read more
24 Jan 2024 09:38

easyJet loss narrows; eyes strong summer despite Middle East conflict

(Alliance News) - easyJet PLC on Wednesday said it reduced its losses in the first three months of the year ending September 30, despite suffering a GBP40 million hit from the Hamas-Israel conflict.

Read more
24 Jan 2024 09:28

EasyJet sees strong summer despite Middle East instability

Q1 headline pretax loss 126 mln stg vs 133 mln stg loss yr ago

*

Read more
24 Jan 2024 08:48

LONDON MARKET OPEN: Stocks head higher; miners lead gains for FTSE

(Alliance News) - Stock prices in London opened higher on Wednesday, with large-cap miners outperforming on news of stimulus measures from China.

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.