Roundtable Discussion; The Future of Mineral Sands. 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: 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-Norwegian Air seeks to fly Siberian Corridor in eastward push

Thu, 09th Feb 2017 18:53

(Adds Norway transport ministry comment in paragraphs 8 and 9)

By Joachim Dagenborg

OSLO, Feb 9 (Reuters) - Norwegian Air is lobbyingits government to scrap a deal which prevents it from flying the"Siberian Corridor" over Russia, the shortest route betweenScandinavia and Asia.

Russia only allows one airline per country to use itsairspace and under the terms of a 1956 Soviet-era deal withDenmark, Norway and Sweden only Scandinavian Airlinesand Aeroflot can fly the route.

Since Scandinavia is three countries and SAS, which ispartly owned by all three, only flies direct to Asia fromDenmark and Sweden, Norway should rework the deal, Norwegian Airargues.

Europe's third-largest budget airline by passenger numbersafter Ryanair and EasyJet has to take a longer,more expensive route for its flights to Thailand.

Now Norwegian Air wants to fly elsewhere in Asia and itsexecutives met Norway's foreign minister Boerge Brende onTuesday to see if the deal could be replaced.

"We have our planes ready to go and we want to start flyingthese direct routes to Asia as soon as possible, but we can'tbecause of this incredibly outdated deal," its spokeswoman said.

"Most of these Asian routes will never happen if we are notallowed to fly over Siberia. It would be so much more expensivethat we haven't even bothered to do the maths."

Norway's transport ministry said it plans to bring up thecase during the first half of 2017.

"Norwegian authorities are continuously assessing how theserights may best be secured in the negotiations with Russia," itwrote in a statement.

Scandinavian Airlines said it would not stand in the way ofa new deal, while Russia's flights authority did not immediatelycomment.

"We would very much like to see free competition overSiberia, and have lobbied for this on several occasions", an SASspokesman said.

Norwegian Air, which has previously said it would beinterested in flying direct to China, Japan, Hong Kong, Indiaand Pakistan, hopes a new deal will open up the route to otherairlines and aims to take a larger share of the Asia-to-Europemarket, helped by its ability to offer cheaper airfares.

And with an increasing number of flights between the U.S andEurope, Norwegian Air believes it can create a new "highway"from the U.S. to Asia via Norway's capital.

"Right now we are stopped by this outdated deal, but we hopethat will change," the spokeswoman said, adding it would alsoconsider direct routes to several Russian cities.

Norwegian Air has ordered $18.5 billion worth of planes fromBoeing so far, including a deal for up to 29 Dreamlinersin October 2015, and after its Irish subsidiary was grantedapproval for trans-Atlantic routes to the U.S in December, itsaid it would consider buying even more planes. (Additional reporting by Gleb Stolyarov in Moscow; Editing byAlexander Smith and David Evans)

More News
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
29 Aug 2023 11:51

LONDON MARKET MIDDAY: FTSE outperforms peers; housebuilders rise

(Alliance News) - The FTSE 100 was outperforming its European peers at midday on Tuesday, amid news that UK consumer price inflation is decelerating and the government is scrapping some rules to boost housebuilding.

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.