We would love to hear your thoughts about our site and services, please take our survey 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: 546.80
Bid: 548.40
Ask: 549.00
Change: 10.60 (1.98%)
Spread: 0.60 (0.109%)
Open: 535.60
High: 549.20
Low: 534.80
Prev. Close: 536.20
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Global deal struck on aviation emissions - partial win for EU

Mon, 07th Oct 2013 05:50

BRUSSELS/MONTREAL (Alliance News) - Dozens of countries agreed Friday to set up an international system to curb airline emissions, giving in to a European Union ultimatum but not granting the bloc all of the support it had hoped for.

The International Civil Aviation Organization (ICAO) decided after 10 days of talks in Montreal that its nearly 200 member states should agree by 2016 on the system, the first of its kind.

It would then be launched in 2020, forcing airlines to account for their carbon dioxide emissions and thus serving as an incentive to limit the environmentally harmful gases.

"The devil may still be in the details, but today at least the devil has taken a vacation," ICAO Secretary General Raymond Benjamin said, calling the move a major step forward for civil aviation.

But the ICAO decision does not include initial support for regional emission-curbing systems, such as a controversial carbon tax that was instituted by the EU last year.

The Brussels-based environmental campaign group Transport & Environment predicted that this omission would make regional systems "all but impossible," slamming the ICAO resolution for being "like a Swiss cheese - full of holes."

EU sources said their scheme is here to stay despite the ICAO resolution. They argue that the ICAO decision leaves enough "grey area" for it to continue operating. The carbon tax is also expected to be softened somewhat to reflect the breakthrough at the ICAO.

"While we would have liked more countries to accept our regional scheme, progress was made overall," EU Climate Action Commissioner Connie Hedegaard said. "If it hadn't been for the EU's hard work and determination, we wouldn't have got this decision today."

"This is good news for the travelling public, good news for the aviation industry, but most importantly it is very good news for the planet," EU Transport Commissioner Siim Kallas added. "We have also avoided a damaging conflict among trading partners."

The EU's carbon tax had been ferociously opposed by countries such as the United States, China, Russia and India - spurring worries that a trade war may develop in the skies.

The EU justified the move to unilaterally force airlines landing and taking off from its airports to pay for the right to pollute by pointing to the fact that 15 years of lobbying had failed to produce a global approach.

But it agreed to partially suspend the scheme in April as an incentive to achieve a breakthrough at the ICAO talks. Currently, only flights within the EU are liable for their emissions.

Conservative EU lawmaker Peter Liese warned that he doesn't think his institution, the European Parliament, will accept to maintain that status quo until 2020.

He called for all airlines taking off and landing in the EU to be liable at least for emissions generated over the bloc's territory.

"If and how it comes to an (international) agreement in 2020 is in the stars," Liese noted.

Copyright dpa

More News
29 Aug 2023 09:03

LONDON MARKET OPEN: FTSE 100 catches up with bank holiday rally

(Alliance News) - Stock prices in London opened higher on Tuesday, as UK markets return from a long bank holiday weekend and news that UK shop price inflation decelerated in August.

Read more
18 Aug 2023 11:18

Temple Bar laments "miserly" UK valuations but promises long-term wins

(Alliance News) - Temple Bar Investment Trust PLC on Friday said its net asset value saw a moderate half-year increase, and that its "fundamentally sound" portfolio will eventually bear fruit despite the tough backdrop.

Read more
14 Aug 2023 18:06

Mount Etna eruption closes Sicily's troubled Catania airport

CATANIA, Sicily, Aug 14 (Reuters) - Flights serving the eastern Sicilian city of Catania were halted on Monday after an eruption from nearby Mount Etna, local authorities said, bringing fresh travel woe to the crisis-plagued Italian airport.

Read more
10 Aug 2023 12:00

Italy's cap on island airfares ignites feud with Ryanair

ROME, Aug 10 (Reuters) - A decision by the Italian government to cap airfares to the islands of Sicily and Sardinia has prompted a dispute with airlines and been branded illegal by Ryanair, in a fresh sign of friction between Rome and big business.

Read more
7 Aug 2023 14:40

Airlines take aim at Italy's plans to bring down sky-high prices

ROME, Aug 7 (Reuters) - A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach European Union free market rules.

Read more
4 Aug 2023 08:14

TOP NEWS: WPP cuts outlook as US tech customers keep lid on spending

(Alliance News) - WPP PLC on Friday cut its yearly guidance, as the advertising company's second-quarter was hurt by weaker spend in its US technology clients.

Read more
3 Aug 2023 15:48

Spain to probe budget airlines over hand luggage fees

MADRID, Aug 3 (Reuters) - Spain's Ministry of Consumer Affairs said on Thursday it had opened an investigation into low-cost airlines over hand luggage and other fees, which result in the price most consumers pay being higher than the one that was initially advertised.

Read more
27 Jul 2023 10:50

Director dealings: EasyJet non-exec invests, AO World CFO sells incentive shares

(Sharecast News) - EasyJet was on the list of director buys on Thursday, after it disclosed a purchase made by a non-executive director for more than 5,000 shares.

Read more
25 Jul 2023 15:31

KLM, major airlines appeal against Schiphol flight curbs

PARIS, July 25 (Reuters) - KLM, Delta, United and scores of carriers have filed an appeal at the Dutch Supreme Court to overturn a move by the Dutch government to curb traffic at Amsterdam's Schiphol Airport, the Dutch airline said on Tuesday.

Read more
24 Jul 2023 19:57

As wildfires rage in Greece, tourists flee and locals shelter

Wildfires burn for 7th day on Rhodes

*

Read more
24 Jul 2023 17:09

UK's FTSE 100 edges higher on gains in energy shares

Vodafone Group up after Q1 results

*

Read more
24 Jul 2023 16:59

LONDON MARKET CLOSE: FTSE 100 shakes off weak PMI readings

(Alliance News) - Blue-chip European equities took confidence from a decent open in New York, despite some less-than-stellar PMI data darkening the mood earlier on Monday.

Read more
24 Jul 2023 12:48

Jet2 adds more flights to bring Britons back from Rhodes

LONDON, July 24 (Reuters) - British travel company Jet2 said it would operate four extra flights on Monday night to bring more of its customers back to the United Kingdom, after wildfires on the Greek island of Rhodes left them stranded.

Read more
24 Jul 2023 12:31

Ryanair sees wet weather elsewhere boosting Mediterranean holidays

DUBLIN, July 24 (Reuters) - Ryanair is seeing no sign of a change in booking habits due to a heatwave in parts of Europe and if anything expects wet weather in other parts of the continent to boost Mediterranean holidays, Chief Executive Michael O'Leary said on Monday.

Read more
24 Jul 2023 11:47

Ryanair cautious about winter travel after quarterly profit soars

April-June profit jumps to 663 million euros

*

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.