Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video 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: 448.90
Bid: 449.10
Ask: 449.90
Change: -2.20 (-0.49%)
Spread: 0.80 (0.178%)
Open: 448.90
High: 452.80
Low: 443.40
Prev. Close: 451.10
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Business class you win, economy you lose: BA faces backlash over points changes

Thu, 29th Jan 2015 14:29

LONDON/BERLIN, Jan 29 (Reuters) - British Airways is facinga backlash from customers after making changes to the waypassengers can earn and spend miles under its Avios frequentflyer programme, with some threatening to switch to rivalairlines such as Virgin Atlantic, Ryanair and easyJet.

Following the example of U.S. carriers, British Airways,owned by IAG, is tying the number of points awarded topricing tiers within cabins, rather than the number of milesflown.

Those paying for fully-flexible first-class and businesstickets will earn more points under the new scheme, whileeconomy class passengers buying the cheapest, non-flexible,fares will see the number of points they earn slashed to aquarter of previous levels.

That prompted howls of protest on Twitter, with somethreatening to dump British Airways and switch allegiance.

"@Virgin Atlantic, you single?," one twitter user,@AimeeColleen, asked after the changes.

"It just makes me want to fly with the low cost companies,"another user, @Virginia_Bag tweeted.

RBC analyst Damian Brewer said it was a brave move thatcould pay off financially for IAG, but could also push somecustomers to budget rivals easyJet and Ryanair on short-haul routes.

"We think that overall this is likely a net positive ashigher ticket spend is encouraged," he wrote in a note toclients.

This is not the first time changes to points gathering andspending has stirred debate in the industry. In the UnitedStates, United, Delta and Southwest haveall altered programmes in recent years to base points earned ondollars spent, drawing ire from travellers on social media.

In Europe, one German passenger even took Lufthansa to court after the airline abruptly changed the numberof miles required to get a free business or first class flight.A court sided with Lufthansa in 2013, but the airline said as acompromise it would give three months' notice of any changes toits Miles & More conditions.

In response to the social media criticism, British Airwayshighlighted on Thursday that the changes would also make iteasier to book a flight using Avios points. A lack of availablereward flights is a common complaint among users of airlineloyalty schemes.

"We believe those that spend the most on flexible ticketsshould see the greatest rewards," the British Airways spokesmanadded. (Reporting by Victoria Bryan and Paul Sandle; Editing by MarkPotter)

More News
21 Jun 2024 09:28

LONDON BROKER RATINGS: Barclays cuts Ryanair and Wizz Air

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

Read more
18 Jun 2024 15:10

EU drafts plan to exempt long-haul flights from new emissions rules

BRUSSELS, June 18 (Reuters) - The European Commission has drafted plans to exempt long-haul flights from rules on monitoring their non-CO2 emissions, after international carriers lobbied for an opt-out, documents seen by Reuters showed.

Read more
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

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.