Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. 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: 475.40
Bid: 475.20
Ask: 475.50
Change: 15.40 (3.35%)
Spread: 0.30 (0.063%)
Open: 466.70
High: 476.80
Low: 466.40
Prev. Close: 460.00
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
20 Jul 2023 17:02

LONDON MARKET CLOSE: FTSE 100 supported by mining stocks

(Alliance News) - The FTSE 100 in London closed higher on Thursday, extending Wednesday's gains, after it was boosted by mining firms, as well as luxury fashion brand Burberry, on China optimism.

Read more
20 Jul 2023 10:44

easyJet quarterly revenue soars and swings to profit

(Alliance News) - easyJet PLC on Thursday said that its quarterly revenue jumped, whilst it swung to a profit.

Read more
20 Jul 2023 07:38

EasyJet swings to profit in Q3 amid strong demand

(Sharecast News) - Budget airline easyJet said on Thursday that it swung to a pre-tax profit in the third quarter amid strong passenger demand, and that it expects to post record profit for the fourth quarter.

Read more
19 Jul 2023 15:56

Thursday preview: US data, EasyJet in the spotlight

(Sharecast News) - Investors' focus on Thursday would be on another raft of US economic data.

Read more
18 Jul 2023 15:29

Some workers suspend strikes at London's Gatwick -union

LONDON, July 18 (Reuters) -

Read more
18 Jul 2023 14:58

Some workers suspend strikes at London's Gatwick, other strikes still on -union

LONDON, July 18 (Reuters) - Strikes planned by baggage handlers working with easyJet at London's Gatwick airport have been suspended after an improved pay offer, a union representing them said on Tuesday, warning that other walkouts will still go ahead.

Read more
17 Jul 2023 09:20

LONDON BROKER RATINGS: JPMorgan cuts Spectris; Berenberg likes Victrex

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
16 Jul 2023 11:44

Sunday newspaper round-up: Tesco, Green Agenda, EasyJet

(Sharecast News) - Tesco is leaning on its suppliers so that they pass on savings from falling costs so that it can reduce prices more quickly than rivals and thus lead on price cuts. Among other factors, on Thursday Tesco pointed to a halviing in wholesale electricity prices, a 22% reduction in PET packaging and an 84% fall in the cost of freight. Suppliers however said that other costs had continued to rise - not least wages. And in response to prodding by MPs, Asda co-owner, Mohsin Issa, has cautioned that fixed-term contracts meants that three to nine more month would be needed before customers benefitted from falling prices. - The Sunday Times

Read more
14 Jul 2023 14:37

Strikes at Britain's Gatwick Airport could hit summer holidays

950 workers to strike in pay dispute

*

Read more
13 Jul 2023 15:57

UK earnings, trading statements calendar - next 7 days

Friday 14 July 
Ashmore Group PLCTrading Statement
Burberry Group PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
McBride PLCTrading Statement
Ninety One PLC and LtdTrading Statement
Monday 17 July 
Brickability Group PLCFull Year Results
Gore Street Energy Storage Fund PLCFull Year Results
Northern Bear PLCFull Year Results
Tuesday 18 July 
Arbuthnot Banking Group PLCHalf Year Results
Artisanal Spirits Co PLCTrading Statement
IntegraFin Holdings PLCTrading Statement
Luceco PLCTrading Statement
Midwich Group PLCTrading Statement
Ocado Group PLCHalf Year Results
Petra Diamonds LtdTrading Statement
Record PLCTrading Statement
Rio Tinto PLCTrading Statement
Wise PLCTrading Statement
Wednesday 19 July 
Antofagasta PLCTrading Statement
BHP Group LtdTrading Statement
Hargreaves Lansdown PLCTrading Statement
Severn Trent PLCTrading Statement
Redcentric PLCFull Year Results
Thursday 20 July 
3i Group PLCTrading Statement
AJ Bell PLCTrading Statement
Anglo American PLCTrading Statement
Babcock International Group PLCFull Year Results
BHP Group LtdTrading Statement
Diploma PLCTrading Statement
Dunelm Group PLCFull Year Results
easyJet PLCTrading Statement
Howden Joinery Group PLCHalf Year Results
IG Group Holdings PLCFull Year Results
Intermediate Capital Group PLCTrading Statement
International Distributions Services PLCTrading Statement
Kier Group PLCTrading Statement
PensionBee Group PLCTrading Statement
Pharos Energy PLCTrading Statement
Premier Miton Group PLCTrading Statement
SSE PLCTrading Statement
Taylor Maritime Investments LtdFull Year Results
Vistry Group PLCTrading Statement
Volution Group PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
13 Jul 2023 13:19

UK minister to meet easyJet CEO after warning of flight cancellations

(Alliance News) - The UK aviation minister is "meeting with the CEO of easyJet [PLC] later today" the Transport Secretary has said, amid the company's announcement over summer flight cancellations.

Read more
12 Jul 2023 09:27

LONDON BROKER RATINGS: UBS raises AstraZeneca; RBC cuts Bunzl

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

Read more
11 Jul 2023 21:37

Ryanair quits industry group advising on UK aviation strategy

DUBLIN, July 11 (Reuters) - Ryanair on Tuesday resigned from an industry group set up by the British government to help implement its aviation strategy, dismissing it as a "talking shop" which has delivered no benefits or reforms for passengers.

Read more
11 Jul 2023 18:36

Ryanair quits industry group advising on UK aviation strategy

DUBLIN, July 11 (Reuters) - Ryanair on Tuesday resigned from an industry group set up by the British government to help implement its aviation strategy, dismissing it as a "talking shop" which has delivered no benefits or reforms for passengers.

Read more
10 Jul 2023 13:20

easyJet cancels 1,700 flights due to air traffic control restrictions

(Alliance News) - More than 100,000 holidaymakers have been hit by easyJet PLC summer flight cancellations.

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.