PYX Resources: Achieving volume and diversification milestones. 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: 490.80
Bid: 493.10
Ask: 493.80
Change: -6.90 (-1.39%)
Spread: 0.70 (0.142%)
Open: 492.30
High: 501.40
Low: 485.90
Prev. Close: 497.70
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 3-Lufthansa makes new wage offer to striking pilots

Wed, 30th Nov 2016 13:31

* Lufthansa says has dropped demand for some concessions

* Some 890 flights cancelled by strike on Wednesday

* Corporate customer Siemens calls for talks to resume

* Lufthansa shares down 2.5 percent (Recasts with new wage offer)

BERLIN, Nov 30 (Reuters) - Lufthansa said it hadmade its German pilots a new wage offer to try to end strikesthat are causing hundreds of flight cancellations and costingmillions of euros a day.

The airline said on Wednesday it had dropped demands thatwould see pilots working more hours in exchange for a wageincrease. It is still offering to raise pilots' pay by 4.4percent in two instalments in 2016 and 2017 and make a one-offpayment worth 1.8 months' pay.

Union Vereinigung Cockpit has called for an average annualpay rise of 3.7 percent for 5,400 pilots over a five-year periodbackdated to 2012 and had criticised management for seekingadditional concessions in exchange for more money.

"We want to get back to the negotiating table as quickly aspossible," Lufthansa board member Bettina Volkens said in astatement, adding she hoped the two sides could then discussother issues such as pensions.

A VC spokesman said the union could not immediately commenton the fresh proposal.

German businesses and some other Lufthansa staff have calledfor an end to the protests, which are costing the airline 10 to15 million euros a day.

The strike by pilots on Wednesday grounded almost 900Lufthansa flights and is the sixth day of strikes since lastweek. Lufthansa has cancelled about 4,500 flights since thewalkouts started last week, the latest in a series of proteststhat date back to early 2014.

Lufthansa says it has to cut costs to compete with leanerrivals such as Ryanair on short-haul routes and Emirates on longer flights.

One of Lufthansa's major corporate customers, Siemens, said the strikes were harming the Germany economyand the country's image and warned Lufthansa that it needed tobecome more reliable.

"As a major customer we have to consider how we can dealwith this on a long-term basis," Siemens CEO Joe Kaeser toldGerman daily Bild, adding that the pilots should resume talks.

Analysts have said the walkouts are a good opportunity forrivals such as Ryanair and easyJet to gainmarket share and could mean Lufthansa misses its 2016 profittarget. Its shares dropped 2.5 percent on Wednesday, also hit bya rising oil price.

The pilots' union Vereinigung Cockpit (VC) held a rally atFrankfurt airport on Wednesday morning, but also faced acounter-demonstration from Lufthansa ground crew, who feel thepilots are hurting the company and jeopardising jobs. ($1 = 0.9393 euros) (Reporting by Victoria Bryan; Additional reporting by PeterMaushagen; editing by David Clarke and Keith Weir)

More News
29 Nov 2023 09:51

LONDON BROKER RATINGS: JPMorgan cuts Diageo to neutral from overweight

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

Read more
28 Nov 2023 16:54

LONDON MARKET CLOSE: European stocks perk up but end day mixed

(Alliance News) - European equities closed off session lows during a mixed day on Tuesday, while stocks in New York went into the afternoon in the green, as comments from Federal Reserve officials cemented expectations that the US central bank has already enacted its last hike of the cycle.

Read more
28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

Read more
28 Nov 2023 12:04

LONDON MARKET MIDDAY: Equities fall but pound still sits above USD1.26

(Alliance News) - Stock prices in Europe were lower on Tuesday afternoon, as sentiment continues to to-and-fro between risk-on and risk-off, with remarks from central bankers in focus.

Read more
28 Nov 2023 09:14

TOP NEWS: easyJet hails record year as brings back dividend

(Alliance News) - easyJet PLC on Tuesday celebrated a "record" set of full-year results as it reinstated its dividends and reported a swing to profit.

Read more
28 Nov 2023 08:53

LONDON MARKET OPEN: Stocks slide in Europe; Rolls-Royce outperforms

(Alliance News) - Stock prices in London opened in the red on Tuesday, amid a lack of strong positive catalysts to provide momentum.

Read more
28 Nov 2023 07:42

LONDON BRIEFING: Rolls-Royce plans disposals, sets out 2027 targets

(Alliance News) - Stocks in London are called lower on Tuesday, with a stronger pound likely to weigh on the FTSE 100.

Read more
28 Nov 2023 07:05

easyJet reinstates dividend after swinging to full-year profit

(Sharecast News) - Budge airline easyJet swung to a profit in its annual results after a record second-half financial performance as it delivered a positive outlook for the year ahead and reinstated its dividend.

Read more
27 Nov 2023 10:27

Tuesday preview: Fedspeak, Easyjet in focus

(Sharecast News) - The market spotlight on Tuesday will be on speeches from a trio of top officials at the U.S. Federal Reserve.

Read more
21 Nov 2023 15:44

UK earnings, trading statements calendar - next 7 days

Wednesday 22 November 
Bodycote PLCTrading Statement
Breedon Group PLCTrading Statement
Britvic PLCFull Year Results
Coats Group PLCTrading Statement
Grainger PLCFull Year Results
Helical PLCHalf Year Results
HICL Infrastructure PLCHalf Year Results
Johnson Matthey PLCHalf Year Results
Kingfisher PLCQ3 Results
Molten Ventures PLCHalf Year Results
NextEnergy Solar Fund LtdHalf Year Results
Redcentric PLCHalf Year Results
Rotork PLCTrading Statement
Sage Group PLCFull Year Results
Severn Trent PLCHalf Year Results
Shearwater Group PLCHalf Year Results
Speedy Hire PLCHalf Year Results
Ten Lifestyle Group PLCFull Year Results
Tremor International LtdQ3 Results
TT Electronics PLCTrading Statement
Victorian Plumbing Group PLCFull Year Results
Thursday 23 November 
Alpha Financial Markets Consulting PLCHalf Year Results
First Property Group PLCHalf Year Results
FirstGroup PLCHalf Year Results
Intertek Group PLCTrading Statement
Jet2 PLCHalf Year Results
LondonMetric Property PLCHalf Year Results
Mitie Group PLCHalf Year Results
Motorpoint Group PLCHalf Year Results
NewRiver REIT PLCHalf Year Results
PayPoint PLCHalf Year Results
Princess Private Equity Holding LtdQ3 Results
Virgin Money UK PLCFull Year Results
Volex PLCHalf Year Results
XPS Pensions Group PLCHalf Year Results
Friday 24 November 
no events scheduled 
Monday 27 November 
Celebrus Technologies PLCHalf Year Results
DSW Capital PLCHalf Year Results
JLEN Environmental Assets Group LtdHalf Year Results
Northern Bear PLCHalf Year Results
Rightmove PLCTrading Statement
Serinus Energy PLCQ3 Results
SysGroup PLCHalf Year Results
Tuesday 28 November 
Altitude Group PLCHalf Year Results
Augmentum FintechHalf Year Results
Brickability Group PLCHalf Year Results
DP Eurasia NVTrading Statement
easyJet PLCFull Year Results
Focusrite PLCFull Year Results
Greencore Group PLCFull Year Results
IG Design Group PLCHalf Year Results
Kinovo PLCHalf Year Results
Loungers PLCHalf Year Results
Mercia Asset Management PLCHalf Year Results
Pets At Home Group PLCHalf Year Results
Renew Holdings PLCFull Year Results
Safestore Holdings PLCTrading Statement
Supreme PLCHalf Year Results
Topps Tiles PLCFull Year Results
Treatt PLCFull Year Results
Vp PLCHalf Year Results
Watkin Jones PLCHalf Year Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
16 Nov 2023 09:40

LONDON BROKER RATINGS: Exane BNP cuts Entain but raises SSE

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

Read more
16 Nov 2023 07:47

LONDON BRIEFING: Burberry cuts guidance; Mars to buy Hotel Chocolat

(Alliance News) - Stocks in London are called flat on Thursday, as Asian markets succumb to profit taking after recent gains.

Read more
6 Nov 2023 16:59

LONDON MARKET CLOSE: Stocks fail to shine despite dovish sentiment

(Alliance News) - Stock prices in London closed mixed on Monday, whilst US markets opened higher, with investors continuing to digest hopes that interest rates have peaked.

Read more
6 Nov 2023 16:45

London close: Stocks mixed, Ryanair leads low-cost airlines higher

(Sharecast News) - London's stock markets finished mixed on Monday, with low-cost airlines in focus as investors cheered Ryanair's latest figures.

Read more
6 Nov 2023 12:04

LONDON MARKET MIDDAY: Tepid start to new week as investors take stock

(Alliance News) - London's FTSE 100 drifted marginally lower heading into Monday afternoon in uncertain trade as investors reassess the near-term outlook for equity markets after a bullish week for stocks last week.

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.