Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. 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: 539.20
Bid: 538.60
Ask: 539.80
Change: 6.20 (1.16%)
Spread: 1.20 (0.223%)
Open: 539.60
High: 541.20
Low: 538.20
Prev. Close: 533.00
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UK aviation needs govt support for new lockdown pain -airport boss

Mon, 02nd Nov 2020 13:49

LONDON, Nov 2 (Reuters) - Britain's airports and airlines
need urgent support to survive the "very bleak future" posed by
a new lockdown in England, warned the boss of one of the
country's biggest airport groups.

Very low levels of travel in recent months have put airlines
and airports under renewed financial strain after they were
effectively shut during Britain's first lockdown, and they now
face another month without income during its second.

"An urgent package of support must materialise," said
Manchester Airport Group's (MAG) chief executive Charlie Cornish
in a statement on Monday.

He said the new lockdown for England, due to start on
Thursday and which bans international leisure travel, will make
parts of the aviation sector unsustainable.

Before the pandemic, Britain had a thriving aviation sector.
Air transport and related supply chain activity plus tourist
arrivals supported 1.6 million jobs and accounted for 4.5% of UK
GDP according to an IATA study.

But more than 20,000 jobs have now been lost at UK airlines
like British Airways and easyJet, and Heathrow,
once the busiest airport in Europe, has lost its crown to Paris.

Industry executives blame the UK government's 14-day
quarantine rules, and the comparatively slow adoption of
allowing testing to replace the need for isolation, for
exacerbating the pain.

Industry bodies Airlines UK and the Airport Operators
Association called on the government to bring in business rates
relief for airports, waive the air passenger duty tax, and
quickly bring in a testing regime to save jobs.

On top of job support schemes, Britain has provided extra
help to train and bus operators and the hospitality sector
during the crisis, but aviation has been ignored say bosses,
despite promises made by the finance minister in March.

"Government has neglected UK aviation and the role it plays
in our economy from day one of this pandemic," said Cornish,
whose MAG owns Manchester, London Stansted and East Midlands
airports.

France and Germany have both provided state-backed rescue
packages to help Air France-KLM and Lufthansa
survive the crisis.
(Reporting by Sarah Young; Editing by Kirsten Donovan)

More News
24 Apr 2024 09:02

LONDON BROKER RATINGS: Investec cuts Hipgnosis Songs Fund to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
23 Apr 2024 09:00

LONDON BROKER RATINGS: Jefferies raises Reckitt; Learning Tech is cut

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
22 Apr 2024 09:04

LONDON BROKER RATINGS: Jefferies raises B&M to 'hold'

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

Read more
19 Apr 2024 16:56

London close: Stocks mixed as investors watch Middle East newsflow

(Sharecast News) - London's stock markets closed in a mixed state on Friday as traders kept a close watch on escalating tensions in the Middle East.

Read more
19 Apr 2024 12:02

LONDON MARKET MIDDAY: Stocks down on Israel attack on Isfahan, Iran

(Alliance News) - Stock prices in London were down at midday on Friday, as equity sentiment suffered by worries of a conflict escalation between Iran and Israel, after Iranian state media reported explosions in the province of Isfahan.

Read more
19 Apr 2024 09:26

LONDON BROKER RATINGS: Peel Hunt starts NatWest and Barclays at 'buy'

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

Read more
19 Apr 2024 08:49

LONDON MARKET OPEN: European stocks slump amid Middle East escalation

(Alliance News) - London's FTSE 100 traded lower in early exchanges, with sentiment hurt by worries of a conflict escalation in the Middle East, after state media in Iran reported explosions.

Read more
18 Apr 2024 17:08

London stocks gain on upbeat corporate earnings

FTSE 100 up 0.4%, FTSE 250 adds 0.6%

*

Read more
18 Apr 2024 16:52

LONDON MARKET CLOSE: Stocks recover some of recent Fed talk losses

(Alliance News) - Stock prices in London closed up on Thursday, despite the prospect of higher for longer US interest rates hanging over stocks, while initial jobless claims for the week came in steady.

Read more
18 Apr 2024 12:02

LONDON MARKET MIDDAY: FTSE 100 up despite hawkish Fed rates outlook

(Alliance News) - Stock prices in London were higher on Thursday afternoon, despite the prospect of higher for longer US interest rates hanging over stocks.

Read more
18 Apr 2024 09:05

TOP NEWS: easyJet hails revenue surge as summer demand sound

(Alliance News) - easyJet PLC on Thursday reported a "positive outlook" for the remainder of its financial year, as it trimmed "seasonal losses" in its first half.

Read more
18 Apr 2024 08:59

LONDON MARKET OPEN: Europe up as overlooks New York tech sell-off

(Alliance News) - Stock prices in London opened higher on Thursday, with the FTSE 100 supported by some promising corporate updates.

Read more
18 Apr 2024 08:20

easyJet posts significant reduction in winter losses

(Sharecast News) - Low-cost airline easyJet reported a significant reduction in its winter losses in an update on Thursday, of more than £50m year-on-year, as demand for flights and holidays continued to rise, particularly for the upcoming summer season.

Read more
18 Apr 2024 07:49

LONDON BRIEFING: Embattled Hipgnosis Songs Fund agrees takeover

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, shaking off a miserable session for US tech shares overnight.

Read more
16 Apr 2024 15:20

Easyjet suspends flights to Israel until October

(Sharecast News) - Budget carrier easyJet on Tuesday said it had suspended flights to Tel Aviv until October 27 after Iran's missile and drone attack against Israel on Saturday night.

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.