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Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
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Share Price: 546.00
Bid: 546.00
Ask: 546.60
Change: 4.40 (0.81%)
Spread: 0.60 (0.11%)
Open: 550.20
High: 556.40
Low: 545.60
Prev. Close: 541.60
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Suspend airport slot rules immediately because of coronavirus - IATA

Mon, 02nd Mar 2020 14:48

LONDON, March 2 (Reuters) - Rules governing airport slots
should be suspended immediately in light of the disruption to
flight schedules caused by coronavirus to prevent airlines being
penalised, industry body IATA said on Monday.

Takeoff and landing slot rules mean airlines must fill at
least 80% of their slots in any given season, or risk losing
their allocation next time round.

But dozens of airlines have cancelled flights to China and
cut services to other countries such as Singapore and Italy as a
result of the outbreak and IATA said national regulators should
relax slot requirements given these exceptional circumstances.

"We are calling for regulators worldwide to help the
industry plan for today's emergency, and the future recovery of
the network, by suspending the slot use rules on a temporary
basis," IATA CEO and Director General Alexandre de Juniac said.

"There are precedents for previous suspension of the slot
use rules and we believe the circumstances again call for a
suspension to be granted," he said in a statement.

Airlines globally stand to lose $1.5 billion this year
because of the outbreak, an IATA official said earlier on
Monday.

Shares in the airline sector have been rocked by the spread
of the virus and British Airways owner IAG and Finnair both said
last week the outbreak would hit profits.

"Given these extraordinary circumstances as a result of the
public health emergency, the collective view of the airline
industry is that the application the 80% rule during the
upcoming season is inappropriate," IATA said in a statement.

"Flexibility is needed for airlines to adjust their
schedules according to extraordinary demand developments."
(Reporting by Alistair Smout; Editing by David Clarke)

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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26 Sep 2023 10:36

Rolls-Royce and EasyJet reach key milestone in development of hydrogen-powered engines

(Sharecast News) - Rolls-Royce and EasyJet achieved a new milestone in their combined efforts to develop hydrogen-fueled engines.

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25 Sep 2023 13:03

Rolls-Royce and easyJet progress with jet engine running on hydrogen

(Alliance News) - Jet engine maker Rolls-Royce Holdings PLC and airline partner easyJet PLC on Monday said their effort to build an aero engine that runs on green hydrogen achieved a milestone.

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21 Sep 2023 06:06

New easyJet recruitment drive tackles cabin crew stereotyping

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Thousands impacted at Gatwick amid air traffic control staff shortages

(Alliance News) - Thousands of airline passengers have been impacted by cancelled, delayed or diverted flights due to a lack of air traffic control staff at Gatwick airport.

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UK air traffic meltdown 'one in 15 million' event -NATS

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Director dealings: Wetherspoon chair, easyJet director make purchases

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5 Sep 2023 11:49

Airbus, easyJet, Rolls-Royce join forces in UK on hydrogen-powered flying

LONDON, Sept 5 (Reuters) - Airbus, easyJet and Rolls-Royce have joined forces to try to position Britain at the forefront of hydrogen-powered aviation as the industry plots its course to decarbonisation.

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30 Aug 2023 09:53

UK air traffic control meltdown fault won't happen again - NATS

Head of air traffic control provider says issue fixed

*

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30 Aug 2023 08:21

Britain's air traffic control failure to cost airlines 100 mln stg -IATA head

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30 Aug 2023 07:45

UK air traffic control says problem which caused flight cancellations won't happen again

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UK air traffic failure set to disrupt flights for days

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*

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