Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. 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: 536.20
Bid: 535.40
Ask: 535.80
Change: -2.40 (-0.45%)
Spread: 0.40 (0.075%)
Open: 538.00
High: 539.60
Low: 533.60
Prev. Close: 538.60
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-easyJet says no decision on HQ until knows UK's new deal with EU

Fri, 01st Jul 2016 14:22

(Adds information on AOCs in other countries, other carrierswith multiple AOCs)

LONDON, July 1 (Reuters) - EasyJet said it will notdecide whether to relocate its legal headquarters untilBritain's new relationship with the European Union is clear,following a report on Friday which said its CEO had suggested amove from the UK was almost inevitable.

A spokesman for the British budget airline, responding to aSky News report which also said easyJet has opened talks with EUmember states' aviation regulators about relocating itsheadquarters, said easyJet wants to prepare for alleventualities.

The report said easyJet Chief Executive Carolyn McCallsignalled in private meetings this week that it would need tomove its legal HQ in the wake of Britain's vote to leave the EU.

EasyJet is likely to be the European carrier most affectedby a formal Brexit because it needs an EU air operator'scertificate (AOC) to fly on routes between other EU memberstates, such as Berlin-Brussels, or to offer domestic routeswithin another member state as part of the bloc's singleaviation area. Analysts estimate such routes make up about athird of its business.

In both Germany and France, for example, obtaining an AOCwould mean the carrier needs to have its headquarters in thatcountry and its planes would have to be registered there,representatives of those countries' aviation authorities toldReuters.

A German aviation industry source said that would likelymean easyJet has to move some administrative roles out of itsheadquarters in Luton, north of London, rather than all theiroperations.

"Issues around legal entity, or other structural issues, wedon't need to make those decisions ... until we know what theoutcome of the (UK/EU) talks will be," the easyJet spokesmansaid.

Should Britain be able to negotiate continued access to theEU's single market following Brexit, nothing will change forairlines.

McCall told Reuters on Tuesday the airline was formalisingtalks on setting up an AOC in a different EU country.

Other carriers that hold multiple AOCs include Norwegian AirShuttle and IAG, which groups British Airways,Iberia, Aer Lingus and Vueling. Irish carrier Ryanair,whose main source market is the UK, has also said it will obtaina UK AOC should it need to.

easyJet warned on third-quarter profits on Monday, blamingstrike action by French air traffic controllers, congestionissues at Gatwick airport and severe weather.

Shares in the firm have fallen 17 percent over the lastweek. On Friday they were up 0.7 percent at 1,094.3 pence at1400 GMT. (Reporting by James Davey and Victoria Bryan; Additionalreporting by Cyril Altmeyer in Paris; Editing by AlexanderSmith, Greg Mahlich)

More News
29 Nov 2023 09:51

LONDON BROKER RATINGS: JPMorgan cuts Diageo to neutral from overweight

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

Read more
28 Nov 2023 16:54

LONDON MARKET CLOSE: European stocks perk up but end day mixed

(Alliance News) - European equities closed off session lows during a mixed day on Tuesday, while stocks in New York went into the afternoon in the green, as comments from Federal Reserve officials cemented expectations that the US central bank has already enacted its last hike of the cycle.

Read more
28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

Read more
28 Nov 2023 12:04

LONDON MARKET MIDDAY: Equities fall but pound still sits above USD1.26

(Alliance News) - Stock prices in Europe were lower on Tuesday afternoon, as sentiment continues to to-and-fro between risk-on and risk-off, with remarks from central bankers in focus.

Read more
28 Nov 2023 09:14

TOP NEWS: easyJet hails record year as brings back dividend

(Alliance News) - easyJet PLC on Tuesday celebrated a "record" set of full-year results as it reinstated its dividends and reported a swing to profit.

Read more
28 Nov 2023 08:53

LONDON MARKET OPEN: Stocks slide in Europe; Rolls-Royce outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.

Read more
28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

Read more
28 Nov 2023 07:05

easyJet reinstates dividend after swinging to full-year profit

(Sharecast News) - Budge airline easyJet swung to a profit in its annual results after a record second-half financial performance as it delivered a positive outlook for the year ahead and reinstated its dividend.

Read more
27 Nov 2023 10:27

Tuesday preview: Fedspeak, Easyjet in focus

(Sharecast News) - The market spotlight on Tuesday will be on speeches from a trio of top officials at the U.S. Federal Reserve.

Read more
21 Nov 2023 15:44

UK earnings, trading statements calendar - next 7 days

Wednesday 22 November 
Bodycote PLCTrading Statement
Breedon Group PLCTrading Statement
Britvic PLCFull Year Results
Coats Group PLCTrading Statement
Grainger PLCFull Year Results
Helical PLCHalf Year Results
HICL Infrastructure PLCHalf Year Results
Johnson Matthey PLCHalf Year Results
Kingfisher PLCQ3 Results
Molten Ventures PLCHalf Year Results
NextEnergy Solar Fund LtdHalf Year Results
Redcentric PLCHalf Year Results
Rotork PLCTrading Statement
Sage Group PLCFull Year Results
Severn Trent PLCHalf Year Results
Shearwater Group PLCHalf Year Results
Speedy Hire PLCHalf Year Results
Ten Lifestyle Group PLCFull Year Results
Tremor International LtdQ3 Results
TT Electronics PLCTrading Statement
Victorian Plumbing Group PLCFull Year Results
Thursday 23 November 
Alpha Financial Markets Consulting PLCHalf Year Results
First Property Group PLCHalf Year Results
FirstGroup PLCHalf Year Results
Intertek Group PLCTrading Statement
Jet2 PLCHalf Year Results
LondonMetric Property PLCHalf Year Results
Mitie Group PLCHalf Year Results
Motorpoint Group PLCHalf Year Results
NewRiver REIT PLCHalf Year Results
PayPoint PLCHalf Year Results
Princess Private Equity Holding LtdQ3 Results
Virgin Money UK PLCFull Year Results
Volex PLCHalf Year Results
XPS Pensions Group PLCHalf Year Results
Friday 24 November 
no events scheduled 
Monday 27 November 
Celebrus Technologies PLCHalf Year Results
DSW Capital PLCHalf Year Results
JLEN Environmental Assets Group LtdHalf Year Results
Northern Bear PLCHalf Year Results
Rightmove PLCTrading Statement
Serinus Energy PLCQ3 Results
SysGroup PLCHalf Year Results
Tuesday 28 November 
Altitude Group PLCHalf Year Results
Augmentum FintechHalf Year Results
Brickability Group PLCHalf Year Results
DP Eurasia NVTrading Statement
easyJet PLCFull Year Results
Focusrite PLCFull Year Results
Greencore Group PLCFull Year Results
IG Design Group PLCHalf Year Results
Kinovo PLCHalf Year Results
Loungers PLCHalf Year Results
Mercia Asset Management PLCHalf Year Results
Pets At Home Group PLCHalf Year Results
Renew Holdings PLCFull Year Results
Safestore Holdings PLCTrading Statement
Supreme PLCHalf Year Results
Topps Tiles PLCFull Year Results
Treatt PLCFull Year Results
Vp PLCHalf Year Results
Watkin Jones PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
16 Nov 2023 09:40

LONDON BROKER RATINGS: Exane BNP cuts Entain but raises SSE

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

Read more
16 Nov 2023 07:47

LONDON BRIEFING: Burberry cuts guidance; Mars to buy Hotel Chocolat

(Alliance News) - Stocks in London are called flat on Thursday, as Asian markets succumb to profit taking after recent gains.

Read more
6 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks fail to shine despite dovish sentiment

(Alliance News) - Stock prices in London closed mixed on Monday, whilst US markets opened higher, with investors continuing to digest hopes that interest rates have peaked.

Read more
6 Nov 2023 16:45

London close: Stocks mixed, Ryanair leads low-cost airlines higher

(Sharecast News) - London's stock markets finished mixed on Monday, with low-cost airlines in focus as investors cheered Ryanair's latest figures.

Read more
6 Nov 2023 12:04

LONDON MARKET MIDDAY: Tepid start to new week as investors take stock

(Alliance News) - London's FTSE 100 drifted marginally lower heading into Monday afternoon in uncertain trade as investors reassess the near-term outlook for equity markets after a bullish week for stocks last week.

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.