The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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: 456.60
Bid: 456.60
Ask: 457.00
Change: -7.30 (-1.57%)
Spread: 0.40 (0.088%)
Open: 458.00
High: 459.80
Low: 453.70
Prev. Close: 463.90
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-UK's Gatwick Airport sees travel boost from new testing rules

Fri, 27th Nov 2020 13:35

* CEO says flights at about 100 per day from mid-Dec

* Says new shorter quarantine rule boosting travel

* Sees strong summer next year

* Says Wizz, Ryanair keen to grow at Gatwick
(Adds detail, background, more comments)

By Sarah Young

GATWICK AIRPORT, England, Nov 27 (Reuters) - The boss of
Britain's Gatwick Airport said the introduction of shorter
quarantine times from mid-December was boosting travel, and that
the combination of testing and a COVID-19 vaccine means he is
optimistic holidays can restart next year.

Gatwick, Britain's second busiest airport, is opening a new
COVID-19 testing facility on Monday, offering passengers
discounted tests. CEO Stewart Wingate hopes by making it easier
and cheaper to get a test, more people will travel.

From mid-December, travellers arriving in England will have
to quarantine for five days instead of 14 if they have a
negative test, a rule change which Wingate said is helping.

"We are seeing already an uptick in flights, so we should
expect to see about 100 flights per day by the time we get to
the middle of December, and across the Christmas period," he
told Reuters in an interview.

The pandemic has battered the aviation industry, leaving
Gatwick particularly exposed as airlines such as British Airways
and Virgin Atlantic have prioritised flights from
Heathrow, Britain's no.1 airport to the west of London.

During England's latest lockdown in November, Gatwick,
easyJet's biggest base, had about four flights a day, a
startling drop from 600 flights a day this time last year. Some
of Gatwick's airlines, such as Norwegian, are fighting for
survival.

Wingate, who has had to axe 45% of Gatwick's staff during
the pandemic, forecast a travel recovery next summer, when he
expected the airport's airlines to be flying between 60% and 70%
of their 2019 capacity.

"I expect once the vaccinations roll out and the testing is
rolled out, we should expect to see quite a strong performance
in the market next summer," he said.

The testing site in a long-stay car park at Gatwick will
initially be able to test up to 500 people per day, but this
could be ramped up to 2,000 a day, and then 4,000 a day given
sufficient demand, according to testing company ExpressTest.

Wingate said demand for tests at the site was "strong" and
he hoped ExpressTest would roll out more sites. They will cost
Gatwick passengers 60 pounds ($80), and anyone else 100 pounds.

Wingate said Gatwick, 30 miles south of London, also
remained attractive to airlines. Hungarian airline Wizz Air
has publicly said it wants to expand at Gatwick, and
Wingate said others did too.

"Ryanair are quite keen to grow as well at the airport," he
said.

($1 = 0.7500 pounds)
(Reporting by Sarah Young; Editing by Kate Holton and Jan
Harvey)

More News
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
29 Aug 2023 09:03

LONDON MARKET OPEN: FTSE 100 catches up with bank holiday rally

(Alliance News) - Stock prices in London opened higher on Tuesday, as UK markets return from a long bank holiday weekend and news that UK shop price inflation decelerated in August.

Read more
18 Aug 2023 11:18

Temple Bar laments "miserly" UK valuations but promises long-term wins

(Alliance News) - Temple Bar Investment Trust PLC on Friday said its net asset value saw a moderate half-year increase, and that its "fundamentally sound" portfolio will eventually bear fruit despite the tough backdrop.

Read more
14 Aug 2023 18:06

Mount Etna eruption closes Sicily's troubled Catania airport

CATANIA, Sicily, Aug 14 (Reuters) - Flights serving the eastern Sicilian city of Catania were halted on Monday after an eruption from nearby Mount Etna, local authorities said, bringing fresh travel woe to the crisis-plagued Italian airport.

Read more
10 Aug 2023 12:00

Italy's cap on island airfares ignites feud with Ryanair

ROME, Aug 10 (Reuters) - A decision by the Italian government to cap airfares to the islands of Sicily and Sardinia has prompted a dispute with airlines and been branded illegal by Ryanair, in a fresh sign of friction between Rome and big business.

Read more
7 Aug 2023 14:40

Airlines take aim at Italy's plans to bring down sky-high prices

ROME, Aug 7 (Reuters) - A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach European Union free market rules.

Read more
4 Aug 2023 08:14

TOP NEWS: WPP cuts outlook as US tech customers keep lid on spending

(Alliance News) - WPP PLC on Friday cut its yearly guidance, as the advertising company's second-quarter was hurt by weaker spend in its US technology clients.

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.