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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: 529.40
Bid: 527.80
Ask: 528.20
Change: 4.40 (0.84%)
Spread: 0.40 (0.076%)
Open: 527.00
High: 537.60
Low: 524.20
Prev. Close: 525.00
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UPDATE 2-Britain extends airport slot waiver into summer to help airlines

Fri, 29th Jan 2021 11:26

(Recasts with govt statement)

LONDON, Jan 29 (Reuters) - Britain said it would extend a
waiver on airport slot rules for the summer holiday season
meaning airlines don't have to fly to keep their takeoff and
landing windows, helping carriers hamstrung by the COVID-19
pandemic.

Rules governing takeoff and landing rights at once-busy
airports have been suspended since last year, freeing airlines
from the obligation to use 80% of their take-off and landing
spots or else cede them, so-called "use it or lose it" rules.

The Department for Transport said in a statement on Friday
that the move "provided flexibility to airlines to support them
during this difficult time" and reflected the current low demand
for air travel.

COVID-19 restrictions in Britain currently ban holidays and
many airlines are struggling financially after close to a year
with minimal revenues.

While longer-established airlines such as British Airways
and Virgin Atlantic with a big airport presence will
welcome the extension, low cost players like Ryanair and
Wizz Air are impatient to see a return to normal rules.

Both have said that the suspension stops them from adding
new flights and creating competition.

Airport Coordination Limited (ACL), an independent slot
co-ordination company, said in an earlier statement that
alleviation would be granted in the UK for the Northern Summer
2021, subject to slots being returned three weeks or more in
advance of the planned operation.

It added that newly allocated slots are excluded from the
alleviation.

Britain's move to extend the waiver could see it diverge
from an EU proposal made in December to restore some slot
competition this year. It is the UK's first decision on airport
slot rules since it left the European Union's orbit on Dec. 31.

The move also means that airlines do not need to fly "ghost
flights". Before the waiver was introduced, some carriers ran
empty flights to avoid losing slots, sparking outrage among
environmentalists and the wider public.

(Reporting by Sarah Young; Editing by Alistair Smout, Kirsten
Donovan)

More News
12 Oct 2023 09:23

TOP NEWS: easyJet to resume dividend payments after "record summer"

(Alliance News) - easyJet PLC on Thursday said it intends to recommence dividend payments after a three-year hiatus, as it hailed a "record summer" for its flights and holiday packages and a swing back to annual profit.

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12 Oct 2023 08:09

EasyJet to resume dividends after record fourth quarter

(Sharecast News) - Budget airline easyJet hailed record fourth-quarter profit on Thursday amid strong demand, as it said it plans to resume dividend payments and announced a deal with Airbus to expand its fleet.

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11 Oct 2023 16:15

UPDATE: Flights resume at Luton Airport but many passengers disrupted

(Alliance News) - Luton Airport near London has reopened after a vehicle fire caused a car park to collapse, sparking disruption for tens of thousands of passengers.

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11 Oct 2023 13:02

Thursday preview: U.S. CPI, Easyjet in focus

(Sharecast News) - All eyes on Thursday will be on the release of the U.S. consumer price report for the month of September.

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11 Oct 2023 11:01

UPDATE: Luton Airport car park fire leaves 25,000 passengers disrupted

(Alliance News) - Around 25,000 airline passengers are suffering disruption as Luton Airport near London remains closed because a vehicle fire caused a car park to collapse.

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10 Oct 2023 16:55

LONDON MARKET CLOSE: FTSE 100 has best day since November 2022

(Alliance News) - Global equities bounced on Tuesday as risk appetite returned to the market, despite hostilities in the Middle East continuing, as dovish words from Federal Reserve officials restored investor confidence.

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9 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks suffer amid Israel conflict

(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week.

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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.

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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:

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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.

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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.

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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.

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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.

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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

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