Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone 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: 448.90
Bid: 449.10
Ask: 449.90
Change: -2.20 (-0.49%)
Spread: 0.80 (0.178%)
Open: 448.90
High: 452.80
Low: 443.40
Prev. Close: 451.10
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-In battle against British Airways, trade union goes to investors

Fri, 26th Jun 2020 09:01

(Adds quotes, background)

By Sarah Young

LONDON, June 26 (Reuters) - The trade union battling British
Airways (BA) has met investors in its parent company IAG
, seeking to ramp up pressure on the airline over plans
to cut staff, pay and conditions.

BA plans to cut 12,000 staff, or more than a quarter of its
workforce, to tackle the coronavirus crisis and has also angered
unions by proposing new contracts for the workers it keeps.

Unite, the union which represents BA cabin crew, has
responded by lobbying for law to be changed to allow BA to be
stripped of some valuable take-off and landing slots at London's
Heathrow Airport if it proceeds with it plans.

Sharon Graham, Unite's executive officer, told Reuters it
had won significant political backing for its campaign and met
investors this week to highlight the risks to BA's profits if it
lost key airport slots.

She said Unite had support from 90 lawmakers from several
parties. A minister said earlier in June that BA's slots could
be reviewed.

Graham forecast the battle with BA could last a year and
said its significance went beyond the airline industry.

"If we let this company get away with this, then other
companies will follow suit. There'll be things people would like
to do and they'll use the crisis to do it," she said.

Under historical rights, BA operates over 50% of slots at
Heathrow and losing any would hurt its profits.

At the moment, about 22,000 BA staff are furloughed.

Unite says the 30,000 staff it plans to keep are being given
new contracts, some with pay cuts of up to 70%. BA says it has
proposed pay cuts to a maximum of 20%.

The union says other airlines including easyJet,
Ryanair and Virgin Atlantic have all agreed that pay
cuts and other changes would be temporary.

Alex Cruz, BA's boss, told staff in June that if slots were
removed, more jobs would go.
(Reporting by Sarah Young; editing by Michael Holden and Mark
Potter)

More News
9 Oct 2023 15:40

London close: Stocks slip into red on growing Middle East concerns

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

Read more
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
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
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:

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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.

Read more
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

*

Read more
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)

Read more
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.

Read more
29 Aug 2023 21:16

UK air traffic failure set to disrupt flights for days

Around 1,500 flights cancelled on Monday

*

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.