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Share Price Information for easyJet (EZJ)

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Share Price: 536.20
Bid: 530.20
Ask: 572.00
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UK airports warn of 20,000 job losses, call for end to quarantine

Wed, 24th Jun 2020 11:57

(Sharecast News) - UK airports face up to 20,000 job losses as the sector faced a significant decline in passenger numbers post-Covid 19, the industry body warned on Wednesday as it called for government help.
The Airport Operators Association (AOA), urged the government to scrap its controversial 14-day quarantine for all incoming passengers, which began on June 14.

It's warning came as Swissport, the UK's biggest provider of airport baggage and ticketing services, announced it was planning to cut 4,556 jobs, reducing its UK workforce by more than half.

Other measures suggested by the AOA included business rate relief, extension of the coronavirus job retention scheme, direct funding for sector regulator the Civil Aviation Authority, and a suspension of air passenger taxes.

"These jobs figures clearly show that a key component of the UK's infrastructure is on its knees, with no relief to the current crisis expected," said AOA chief executive Karen Dee.

"Government needs to recognise the immense crisis facing the country's airport communities and take action to support UK aviation and protect livelihoods."

The AOA said the government should repeal the "damaging" quarantine policy and replace it with a "risk-based proportionate approach which includes additional public health measures for passengers arriving from high-risk countries".

Major UK airlines British Airways, easyJet and Virgin Atlantic are also preparing to fire thousands of workers as they deal with the aftermath of a crisis that has crippled demand and left them burning through cash reserves in the absence of any industry-specific bailout.

The quarantine policy, up for review on June 29, has attracted severe criticism from the airline and hospitality sector, which claim it is deterring people from travelling to and from the UK and stifling any hope of a start to recovery.

"Commercial aviation in the UK has weathered the worst three months in its history, and is now presented with an arbitrary quarantine policy, which has unnecessarily stifled the sector's restart and recovery plans," Dee said.

"We face considerable challenges in recovering from the devastating impacts of Covid-19 and we are calling on the government to do much more and act with urgency to protect jobs in the aviation sector, many of which are highly-skilled."
More News
5 Oct 2023 15:46

UK earnings, trading statements calendar - next 7 days

Friday 6 October 
JD Wetherspoon PLCFull Year Results
Monday 9 October 
Sareum Holdings PLCFull Year Results
Tuesday 10 October 
1Spatial PLCHalf Year Results
EnSilica PLCFull Year Results
Reach PLCTrading Statement
Robert Walters PLCTrading Statement
ScS Group PLCFull Year Results
Target Healthcare REIT PLCFull Year Results
YouGov PLCFull Year Results
Wednesday 11 October 
discoverIE Group PLCTrading Statement
Eneraqua Technologies PLCFull Year Results
Jubilee Metals Group PLCFull Year Results
Marston's PLCTrading Statement
Netcall PLCFull Year Results
PageGroup PLCTrading Statement
QinetiQ Group PLCTrading Statement
Sanderson Design Group PLCHalf Year Results
Tharisa PLCTrading Statement
Thursday 12 October 
Atalaya Mining PLCTrading Statement
Brooks Macdonald Group PLCTrading Statement
Dechra Pharmaceuticals PLCFull Year Results
easyJet PLCTrading Statement
Hays PLCTrading Statement
Kenmare Resources PLCtrading Statement
N Brown Group PLCHalf Year Results
Norcros PLCTrading Statement
Treatt PLCTrading Statement
  
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2 Oct 2023 09:41

LONDON BROKER RATINGS: Morgan Stanley cuts NatWest; PageGroup raised

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

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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

(Alliance News) - A fresh campaign is being launched aimed at tackling outdated stereotyping of jobs in the airline industry.

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15 Sep 2023 07:54

LONDON BRIEFING: Games Workshop trades better than expected

(Alliance News) - Stocks in London are set to extend Thursday's gains at Friday's market open, with sentiment lifted further by the latest economic data from China.

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15 Sep 2023 06:21

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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6 Sep 2023 16:25

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

LONDON, Sept 6 (Reuters) - An air traffic meltdown in Britain was caused by a "one in 15 million" event, the boss of traffic control provider NATS said, as initial findings showed how a single flight plan with two identically labelled markers caused the chaos.

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5 Sep 2023 12:44

Director dealings: Wetherspoon chair, easyJet director make purchases

(Sharecast News) - On the list of director purchases on Tuesday was pub chain JD Wetherspoon, after its outspoken chairman picked up almost a million shares.

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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

LONDON, Aug 30 (Reuters) - The cost to airlines from Britain's air traffic control failure on Monday is likely to reach about 100 million pounds ($126 million), Willie Walsh, the head of global airlines group IATA told the BBC on Wednesday. ($1 = 0.7920 pounds) (Reporting by Sarah Young, editing by Elizabeth Piper)

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30 Aug 2023 07:45

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

LONDON, Aug 30 (Reuters) - The disruption to flights into and out of Britain caused by a technical failure on Monday will not happen again after changes were made to the system, the head of the country's air traffic control group NATS said.

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29 Aug 2023 21:16

UK air traffic failure set to disrupt flights for days

Around 1,500 flights cancelled on Monday

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29 Aug 2023 11:51

LONDON MARKET MIDDAY: FTSE outperforms peers; housebuilders rise

(Alliance News) - The FTSE 100 was outperforming its European peers at midday on Tuesday, amid news that UK consumer price inflation is decelerating and the government is scrapping some rules to boost housebuilding.

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