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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: 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
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UPDATE 1-England slaps 5,000 pound fine on most travel abroad

Tue, 23rd Mar 2021 08:06

(Adds detail, background)

LONDON, March 23 (Reuters) - Fines of 5,000 pounds ($6,900)
will be introduced for people from England who try to travel
abroad before the end of June in a tightening of the country's
border controls.
Health minister Matt Hancock said the government's original
plan to review international travel in April and possibly permit
it from May 17 still stood but the travel fines were included in
legislation in case that would not be possible.

The news sent shares in travel stocks such as easyJet
, British Airway-owner, Jet2 and TUI
down between 3 and 4% in early trade on Tuesday.

In the UK, foreign holidays are currently banned.

"The earliest date by which we will allow for international
travel...is the 17th May. That has not changed," Hancock told
Sky News.

The question of whether people can travel abroad without
specific reasons such as work or education will still be
addressed by the government's travel review which is due to
report on April 12, said Hancock.

But hopes that the government will give the green light to
summer getaways from 17th May have faded in recent days due to
warnings over rising COVID-19 infection levels in Europe.

Europe's airlines and travel sector are now bracing for a
second lost summer. Having already racked up billions in debt to
survive a year of travel restrictions, they are facing further
strain and some may need fresh funds.

Hancock said it was too early to say what the government
would decide on holidays.

"The reason for that is that we are seeing this third wave
rising in some parts of Europe and we're also seeing new
variants and it is very important that we protect the progress
that we've been able to make here in the UK," he said.

($1 = 0.7228 pounds)
(Reporting by Sarah Young; editing by James Davey and Kate
Holton)

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