The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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: 0.00 (0.00%)
Spread: 0.60 (0.111%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 541.60
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 5-Pilots' union calls Lufthansa strikes for Tuesday, Wednesday

Mon, 07th Sep 2015 21:00

* Strike on long-haul to run 0600-2159 GMT Tuesday

* Lufthansa cancels 84 long-haul flights, 90 to run

* Union calls short-haul strike for Wednesday

* Lufthansa expects several hundred cancellations Wed (Adds Lufthansa comment on Wednesday cancellations)

By Victoria Bryan and Peter Maushagen

BERLIN/FRANKFURT, Sept 7 (Reuters) - The German pilots'union will extend its strike at Lufthansa intoWednesday after a walkout already planned for Tuesday in along-running dispute over pay, benefits and cost cuts.

Tuesday's strike, the 13th in 18 months, affects long-haulpassenger and cargo flights out of Germany from 0600 GMT to 2159GMT on Tuesday, while Wednesday's 24-hour strike targetsshort-haul Lufthansa and Germanwings flights, it said on Monday.

Lufthansa said it would operate 90 out of about 170 plannedlong-haul flights for Tuesday and all seven cargo flights thanksto pilots volunteering to work. It expects several hundredflights to be cancelled on Wednesday, when it has 1,350short-haul flights planned.

Lufthansa is trying to cut costs as it battles to maintainmarket share against budget rivals such as Ryanair.

Relations between management and the Vereinigung Cockpit(VC) union, which represents around 5,000 Lufthansa andGermanwings pilots, broke down again last week. The union hasoffered concessions, including increasing the average retirementage to 60 and looking at ways to bring costs down to a levelcomparable with easyJet.

Announcing the Wednesday strike, union spokesman Markus Wahlsaid Lufthansa management had not shown any willingness to reachan agreement. Lufthansa had said earlier on Monday that it hadoffered talks over the weekend, but VC said the offer providedno basis for talks.

As a precondition for talks, VC wants Lufthansa to halt theprocess of employing staff on non-German contracts for theexpansion of its budget Eurowings division, which has anAustrian operating licence.

In an interview with Reuters on Friday, Lufthansa ChiefExecutive Carsten Spohr said over 1,000 pilots from within thegroup and outside had applied for jobs at Eurowings.

"To create an airline's operating certificate in anothercountry is something the other low-cost carriers do and wecopied that model for our low-cost operation," he said.

Spohr's hard line with the pilots recalls his counterpartWillie Walsh's stance with crew at British Airways and Iberia,where the cost cuts achieved helping parent group IAG to report stronger profits than Lufthansa or Air France-KLM.

However, analysts point out Walsh was negotiating during thefinancial crisis when oil prices were high, whereas Spohr has atougher job amid low oil prices and rising passenger numbers.

IAG is aiming for an operating profit this year in excess of2.2 billion euros ($2.3 billion), while Spohr said on FridayLufthansa would "comfortably" achieve its target for adjustedearnings before interest and tax of over 1.5 billion euros.

That target does not include the impact of strikes, whichhave cost Lufthansa around 100 million euros this year already.

($1 = 0.8975 euros) (Editing by Thomas Atkins and Mark Potter; Editing by TomHeneghan)

More News
2 Apr 2024 09:54

LONDON BROKER RATINGS: Bernstein starts AstraZeneca at 'outperform'

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

Read more
15 Mar 2024 13:11

UK dividends calendar - next 7 days

Monday 18 March 
Aquila European Renewables PLC 
BP Marsh & Partners PLC 
Triple Point Venture VCT PLC 
Tuesday 19 March 
Jarvis Securities PLCdividend payment date
Wednesday 20 March 
Virgin Money UK PLCdividend payment date
Thursday 21 March 
abrdn Asia Focus PLCdividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
AIB Group PLCex-dividend payment date
Beazley PLCex-dividend payment date
BlackRock World Mining Trust PLCex-dividend payment date
British American Tobacco PLCex-dividend payment date
Chemring Group PLCex-dividend payment date
CLS Holdings PLCex-dividend payment date
Conduit Holdings Ltdex-dividend payment date
Craneware PLCex-dividend payment date
Crest Nicholson Holdings PLCex-dividend payment date
Diverse Income Trust PLCex-dividend payment date
Fonix Mobile PLCex-dividend payment date
FW Thorpe PLCex-dividend payment date
Glanbia PLCex-dividend payment date
GlobalData PLCex-dividend payment date
Globalworth Real Estate Investments Ltdex-dividend payment date
Goodwin PLCex-dividend payment date
Gore Street Energy Storage Fund PLCex-dividend payment date
Hargreaves Services PLCex-dividend payment date
HgCapital Trust PLCex-dividend payment date
Hikma Pharmaceuticals PLCex-dividend payment date
Jardine Matheson Holdings LDex-dividend payment date
London Finance & Investment Group PLCex-dividend payment date
Maven Income & Growth VCT 3 PLCex-dividend payment date
Maven Income & Growth VCT 5 PLCex-dividend payment date
MTI Wireless Edge Ltdex-dividend payment date
Nichols PLCex-dividend payment date
NWF Group PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
Pearson PLCex-dividend payment date
Pembroke VCT B PLCex-dividend payment date
Primorus Investments PLCex-dividend payment date
Schroders PLCex-dividend payment date
Triple Point Energy Transition PLCex-dividend payment date
Tristel PLCex-dividend payment date
VPC Specialty Lending Investments PLCdividend payment date
Friday 22 March 
easyJet PLCdividend payment date
FRP Advisory Group PLCdividend payment date
Gulf Investment Fund PLCdividend payment date
Henderson Opportunities Trust PLCdividend payment date
Hercules Site Services PLCdividend payment date
Impax Asset Management Group PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Mattioli Woods PLCdividend payment date
Mobeus Income & Growth 2 VCT PLCdividend payment date
Mobeus Income & Growth 4 VCT PLCdividend payment date
Ramsdens Holdings PLCdividend payment date
Riverstone Credit Opportunities Income PLCdividend payment date
Ruffer Investment Co Ltddividend payment date
Samuel Heath & Sons PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
Unilever PLCdividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 14-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
14 Mar 2024 10:58

IN BRIEF: easyJet prices EUR850 million of bonds at 3.75% coupon

easyJet PLC - Luton, England-based budget carrier - Prices EUR850 million of bonds under its medium-term note programme to be issued on Wednesday next week. The bonds mature in 2031 and have a coupon of 3.75%. "Over the last 18 months, easyJet has retired circa GBP1.6 billion of debt, deleveraging the balance sheet following the recovery in travel post pandemic. Part of the issuance proceeds will be used to repay existing debt as it matures over the next 18 months," the company notes. Chief Financial Officer Kenton Jarvis says: "We are very pleased with the success of this bond issue. The interest shown by investors at greater than 4x over-subscription and the competitive pricing underscores the market's confidence in easyJet's strategy."

Read more
3 Mar 2024 15:16

Sunday newspaper round-up: EasyJet, Direct Line, Cairo

(Sharecast News) - EasyJet founder Sir Stelios Haji.Ioannou has called time on his long-running feud with the "scoundrels" running the carrier. Haji-Ioannou has admitted that his war with easyJet boss Johan Lundgren was motivated by his fear that it would not get through Covid-19. His latest remarks come as the company is preparing to re-enter the ranks of the FTSE 100. They also come after attempts by easyJet to fill the gap in the market left by the collapse of Monarch and Thomas Cook, with Lundgren and chairman Stephen Hester having tried to shift focus towards selling holidays instead of just flights. - The Sunday Times

Read more
1 Mar 2024 08:56

Ryanair forced to cut summer travel schedule due to late Boeing jets

(Alliance News) - Ryanair Holdings PLC on Friday said it will have to reduce its planned flying schedule during the key summer months this year, due to late deliveries of new airplanes by troubled US manufacturer Boeing Co.

Read more
28 Feb 2024 18:09

TOP NEWS: easyJet flies back into FTSE 100; Endeavour relegated

(Alliance News) - Budget carrier easyJet PLC has been promoted back to the FTSE 100 index following the latest quarterly review, replacing gold miner Endeavour Mining PLC, which is relegated following a sharp share price slide so far this year.

Read more
28 Feb 2024 11:02

EasyJet to re-join FTSE 100 in latest reshuffle; Endeavour up for demotion

(Sharecast News) - EasyJet is expected to make its way back into the FTSE 100 in the latest reshuffle due to be announced after the market close on Wednesday.

Read more
27 Feb 2024 09:23

LONDON BROKER RATINGS: Barclays raises Flutter to 'overweight'

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

Read more
26 Feb 2024 15:11

London close: Stocks fall as investors look to US data

(Sharecast News) - London markets closed in negative territory on Monday, as investors remained cautious ahead of the release of crucial US economic data later in the week.

Read more
20 Feb 2024 18:15

TOP NEWS: easyJet to fly back to FTSE 100 as Endeavour loses shine

(Alliance News) - easyJet PLC is favourite to return to the top table of London-listed large-caps, according to indicative index changes by FTSE Russell on Tuesday.

Read more
15 Feb 2024 14:55

London close: Stocks manage gains despite UK recession news

(Sharecast News) - London markets had a mixed but ultimately positive day of trading on Thursday, despite news that the UK fell into a technical recession at the end of 2023.

Read more
15 Feb 2024 14:44

UK dividends calendar - next 7 days

Friday 16 February 
JPMorgan Asia Growth & Income PLCdividend payment date
JPMorgan Japan Small Cap Growth & Income PLCdividend payment date
Murray International Trust PLCdividend payment date
Premier Miton Group PLCdividend payment date
Schroder Oriental Income Funddividend payment date
Solid State PLCdividend payment date
Monday 19 February 
no events scheduled 
Tuesday 20 February 
Invesco Bond Income Plus Ltd 
Wednesday 21 February 
no events scheduled 
Thursday 22 February 
abrdn Asia Focus PLCex-dividend payment date
Alumasc Group PLCex-dividend payment date
AstraZeneca PLCex-dividend payment date
BlackRock Throgmorton Trust PLCex-dividend payment date
Braemar PLCex-dividend payment date
easyJet PLCex-dividend payment date
Ecofin US Renewables Infrastructure Trust PLCex-dividend payment date
Endeavour Mining PLCex-dividend payment date
FRP Advisory Group PLCex-dividend payment date
Gateley Holdings PLCex-dividend payment date
GSK PLCex-dividend payment date
Hercules Site Services PLCex-dividend payment date
Jersey Electricity PLCex-dividend payment date
Land Securities Group PLCex-dividend payment date
Molten Ventures VCT PLCex-dividend payment date
Northern Bear PLCex-dividend payment date
Redrow PLCex-dividend payment date
Samuel Heath & Sons PLCex-dividend payment date
Titon Holdings PLCex-dividend payment date
Unilever PLCex-dividend payment date
Van Elle Holdings PLCex-dividend payment date
Virgin Money UK PLCex-dividend payment date
Witan Investment Trust PLCex-dividend payment date
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
14 Feb 2024 09:40

LONDON BROKER RATINGS: Panmure likes Nichols; Jefferies cuts Bytes

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

Read more
2 Feb 2024 17:12

LONDON MARKET CLOSE: Stocks mixed as US jobs data dashes rate cut hope

(Alliance News) - Stock prices in London closed mixed, after hotter-than-expected US jobs data hit already precarious investor sentiment and all but ensured the Federal Reserve will not be cutting interest rates next month.

Read more
2 Feb 2024 16:59

London close: Stocks mixed as US payrolls come in red-hot

(Sharecast News) - London's stock markets closed with mixed results on Friday, as investors were confronted by an unexpectedly strong US labour market as revealed in the latest US non-farm payrolls report.

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.