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

No Compulsory Redundancies At easyJet, Union BALPA Says

Fri, 25th Sep 2020 15:47

(Alliance News) - A UK union on Friday hailed a "breakthrough" in talks with easyJet PLC, adding that the budget carrier will not make any pilots "compulsorily redundant".

The British Airline Pilots Association, or BALPA, said it has been negotiating with easyJet since March in anticipation of the threat of job cuts as a result of Covid-19.

The carrier was among the worst hit by the crisis, which has sapped demand for air travel and emptied skies.

Back in June, easyJet confirmed plans to shed staff and potentially close its Southend, Stansted and Newcastle bases, leaving 727 UK pilot jobs at risk of redundancy.

BALPA said on Friday: "easyJet pilots and management have achieved a breakthrough in negotiations meaning that no pilots will be made compulsorily redundant.

"All the pilots based at Southend, Stansted, and Newcastle which have been closed will be offered jobs elsewhere on the UK network. We have been extremely pleased with the airline's positive approach during negotiations which was, like ours, to reduce job losses to an absolute minimum while recognising the seriousness of the Covid-19 challenge to the air travel sector."

easyJet shares were 0.1% lower at 487.85 pence each in London on Friday afternoon.

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
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
24 Jan 2024 07:02

EasyJet sees H1 losses narrowing despite £40m hit from MEast war

(Sharecast News) - Budget airline easyJet said it had taken a £40m hit from the Middle-East conflict, but said it expected first-half losses to narrow and reported positive booking momentum for the summer.

Read more
23 Jan 2024 15:03

Ryanair sees scope to expand further in Italy

Ryanair sees slots freed up by ITA-Lufthansa deal

*

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.