The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 541.60
Bid: 542.80
Ask: 543.40
Change: -5.20 (-0.95%)
Spread: 0.60 (0.111%)
Open: 550.00
High: 550.80
Low: 541.00
Prev. Close: 546.80
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

UPDATE 1-AIRSHOW-Engine maker CFM eyes record orders in 2014

Sun, 13th Jul 2014 13:02

* Orders already at 2,071 to end June vs 2,723 in 2013

* CEO says has made offer to easyJet for A320neo engines (Adds quotes from CEO on easyJet engine bid, Leap enginetesting)

FARNBOROUGH, England, July 13 (Reuters) - CFM Internationalexpects another record year for engine orders, its chiefexecutive said on Sunday, adding the company, which earlier inthe day announced an order from American Airlines, hadbid for an engine deal with easyJet.

"When we see the number of orders already achieved at thistime of year and when we compare this figure with the previousyear ... then we are about to achieve another record year in2014," Jean-Paul Ebanga told journalists at an event ahead ofthe Farnborough air show, which runs from July 14-20.

CFM, a joint venture between Safran and GE,has garnered orders for 2,071 engines so far in 2014 to the endof June, driven by its new Leap engine for the Airbus A320neo and the Boeing 737 Max narrow-body planes.

It last year pulled in orders for 2,723 engines.

It earlier reported it had been picked by American Airlinesto provide engines for 100 Airbus A320neo jets the airline hason order, in a deal worth $2.6 billion at list prices.

When asked about media reports that easyJet was poised toorder CFM engines to power 100 A320neo planes, Ebanga toldReuters CFM had made an offer to the low cost carrier, but thatit was up to the airline to decide now.

CFM competes with Pratt & Whitney, a division of UnitedTechnologies Corp, to supply engines for the A320neo.

Ebanga highlighted CFM had provided the engines foreasyJet's first Boeing planes and that the airline was itsbiggest customer for the CFM56-5B engine.

"We have grown up with them, we hope the adventure willcontinue," he said.

Executives at the briefing also said CFM was on schedulewith testing and certification for its new Leap engine, with thefirst variant due to come into service in 2016, and that thecompany was working hard to ensure it was ready to increaseproduction to 1,800 engines per year by 2020 from the currentrate of 1,500.

Executive Vice-President Cedric Goubet said the company wasalso looking to make improvements on the Leap engine furtherdown the line, once it has come into service, using newtechnology such as lighter weight materials or additivemanufacturing.

"We will be ready at the relevant time to respond to apotential market demand in terms of further improvement of theengine after the entry into service," he said.

The use of new composites on fan blades and other componentsmeans the Leap already shaves 1,000 pounds (450 kilogrammes) offthe weight of a plane. Goubet said it should be possible toreduce the weight further by hundreds of pounds. (Reporting by Victoria Bryan and Cyril Altmeyer; Editing byMark Potter)

More News
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
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

Read more
12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

*

Read more
12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

Read more
11 Apr 2024 16:53

LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets

(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
11 Apr 2024 15:04

UK earnings, trading statements calendar - next 7 days

Friday 12 April 
SigmaRoc PLCTrading Statement
Monday 15 April 
Ashmore Group PLCTrading Statement
Ceres Power Holdings PLCFull Year Results
Engage XR Holdings PLCFull Year Results
Itaconix PLCFull Year Results
Mitie Group PLCTrading Statement
PageGroup PLCTrading Statement
Tuesday 16 April 
Accesso Technology Group PLCFull Year Results
Ashtead Technology Holdings PLCFull Year Results
Billington Holdings PLCFull Year Results
Chapel Down Group PLCFull Year Results
Equals Group PLCFull Year Results
Gattaca PLCHalf Year Results
Gresham Technologies PLCFull Year Results
IntegraFin Holdings PLCTrading Statement
Learning Technologies Group PLCFull Year Results
Next 15 Group PLCFull Year Results
Ninety One PLC and LtdTrading Statement
Oxford Instruments PLCTrading Statement
Qinetiq Group PLCTrading Statement
Petra Diamonds PLCTrading Statement
Robert Walters PLCTrading Statement
Team17 Group PLCFull Year Results
Wednesday 17 April 
Brooks Macdonald Group PLCTrading Statement
Hays PLCTrading Statement
Inspecs Group PLCFull Year Results
Liontrust Asset Management PLCTrading Statement
M Winkworth PLCFull Year Results
Menhaden Resource Efficiency PLCFull Year Results
Rio Tinto PLCTrading Statement
Saga PLCFull Year Results
Thursday 18 April 
AJ Bell PLCTrading Statement
BHP Group LtdTrading Statement
Devolver Digital IncFull Year Results
Dunelm Group PLCTrading Statement
easyJet PLCTrading Statement
Foxtons Group PLCTrading Statement
Keystone Law Group PLCFull Year Results
LBG Media PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Rentokil Initial PLCTrading Statement
Segro PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
10 Apr 2024 11:42

easyJet cabin crew secure 20pc rise in base pay

(Sharecast News) - Cabin crew at low-cost airline easyJet are to receive a 20% increase in their basic pay, it was announced on Wednesday, after negotiations with the Unite union.

Read more
10 Apr 2024 07:30

Under fire UK air traffic provider appoints Warren East as chair

LONDON, April 10 (Reuters) - Britain's air traffic services provider NATS said Warren East would take over as chairman from Sept. 1, naming the former boss of Rolls-Royce and ARM to succeed Paul Golby who has been in the role for 10 years.

Read more
8 Apr 2024 17:15

UK stocks close higher on commodities lift

FTSE 100 up 0.4%, FTSE 250 adds 0.7%

*

Read more
8 Apr 2024 17:03

LONDON MARKET CLOSE: Miners and airlines in demand as FTSE 100 climbs

(Alliance News) - Investors bought in London on Monday, as the FTSE 100 rose with gold hitting a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation.

Read more
8 Apr 2024 09:13

LONDON BROKER RATINGS: Wizz Air raised; HSBC cuts Rentokil to 'hold'

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

Read more
5 Apr 2024 15:22

London close: Stocks finish lower as US payrolls top forecasts

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.

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.