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: 450.40
Bid: 440.00
Ask: 469.00
Change: 0.00 (0.00%)
Spread: 29.00 (6.591%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 450.40
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WRAPUP 5-Britain faces isolation as world tightens borders to keep out new coronavirus strain

Mon, 21st Dec 2020 18:53

(adds UK adviser, truckers, no progress on trade talks, BA
testing)

* Nations ban travel from UK over infectious new strain

* UK supermarkets warn of some food shortages

* Sterling, stocks and bond yields tumble

* Chaos comes as Britain due to exit EU's orbit on Dec. 31

* EU regulator approves use of Pfizer-BioNTech vaccine

* U.S. Congress poised to vote on $900 billion stimulus

By Gerhard Mey and Ben Makori

DOVER, England, Dec 21 (Reuters) - Countries across the
globe shut their borders to Britain on Monday due to fears about
a highly infectious new coronavirus strain, causing travel chaos
and raising the prospect of food shortages days before Britain
is set to leave the European Union.

India, Pakistan, Poland, Spain, Switzerland, Sweden, Russia,
Jordan and Hong Kong suspended travel for Britons after Prime
Minister Boris Johnson said a mutated variant of the virus had
been identified in the country. Saudi Arabia, Kuwait and Oman
closed their borders completely.

Several other nations blocked travel from Britain over the
weekend, including France, Germany, Italy, the Netherlands,
Austria, Ireland, Belgium and Canada - although experts said the
strain may already be circulating in countries with less
advanced detection methods than the United Kingdom.

France shut its border to arrivals of people and trucks from
Britain, closing off one of the most important trade arteries
with mainland Europe.

Trucks backed up for miles on the highway leading to the
port of Dover, Britain's main trade gateway with the continent
and thousands of Europe-bound drivers were stranded.

"My chances of going home for Christmas are going down. It's
stupid and I am nervous and unhappy about that," said Stanislaw
Olbrich, a 55-year-old Polish trucker stuck 24 miles (40 km)
north of Dover.

The discovery of the new strain, just months before vaccines
are expected to be widely available, sowed new panic in a
pandemic that has killed about 1.7 million people worldwide and
more than 67,000 in Britain.

New York Governor Andrew Cuomo urged the U.S. government to
take steps to prevent the variant entering the United States,
which has been worst hit by COVID-19 with almost 318,000 deaths.

"It's high time the federal government takes swift action,
because today that variant is getting on a plane and landing in
JFK, and all it takes is one person," he said.

British Airways agreed to allow only passengers who test
negative for the coronavirus to fly to New York's John F.
Kennedy International Airport, he said.

U.S. Assistant Health Secretary Brett Giroir said nothing
had yet been decided on any travel ban.

European officials met via video link to coordinate their
response to the new strain. The EU is on course to start
vaccinations within a week after its medicines regulator
approved the use of a shot from Pfizer and BioNTech
on Monday.

Experts said there was no evidence that vaccines would not
protect against this variant but they were working around the
clock to determine whether the mutations would affect how well
the shots guarded against infection.

The UK government's chief scientific adviser, Patrick
Vallance, said tighter restrictions on public life in Britain
were likely.

"I will say that the evidence on this virus is it spreads
easily, it's more transmissible, we absolutely need to make sure
we've got the right level of restrictions in place," Vallance
told a news conference hosted by Johnson.

"And I think it's likely therefore that measures need to
need to be increased in some places in due course, not reduced."

FOOD SHORTAGES WARNING

As well as the traffic jams around British ports, trucks
were also backed up in Calais and other French ports. Although
they are allowed to cross from France to Britain, the logistics
chain that keeps the goods moving has been thrown out of kilter.

"No driver wants to deliver to the UK now, so the UK is
going to see its freight supply dry up," France's FNTR national
road-haulage federation said.

British supermarket chains Sainsbury's and <Tesco
TSCO.L> said shortages would start to appear within days if
transport ties were not quickly restored.

"If nothing changes, we will start to see gaps over the
coming days on lettuce, some salad leaves, cauliflowers,
broccoli and citrus fruit – all of which are imported from the
continent at this time of year," Sainsbury's said.

The global alarm was reflected in financial markets.

European shares slumped, with travel and leisure stocks
bearing the brunt. British Airways-owner IAG and
easyJet dropped about 7%, while Air France KLM
lost around 3%.

Wall Street also felt the pain, with losses across the
board. The S&P 1500 airlines index slid 3%, while
leading cruise operators fell about 4%.

The British pound tumbled 2.5% against the dollar at one
point before paring some of the losses, while the yield on
two-year UK government bonds hit a record low.

CHRISTMAS CLAMPDOWN

Johnson cancelled Christmas plans for millions of British
people on Saturday due to the more infectious coronavirus
strain, though he said there was no evidence that it was either
more lethal or caused a more severe illness.

The new variant and restrictions in Britain compound the
chaos as the country prepares to finally part ways with the
European Union, possibly without a trade deal, when the Brexit
transition period at 2300 GMT on Dec. 31.

Talks on a Brexit trade deal continued on Monday but Johnson
said there were still problems and the position was unchanged.

The new variant, which scientists said was 40%-70% more
transmissible, is rapidly become the dominant strain in parts of
southern England, including London.

Experts tracking it said there was some early but
unconfirmed evidence that it could transmit as readily among
children as among adults, unlike previous dominant strains.

Cases of the new strain have also been in detected in some
other countries, including Denmark, Italy and the Netherlands.

Australia said two people who travelled from Britain to New
South Wales state were carrying the mutated virus. It axed
dozens of domestic flights while New South Wales locked down
more than 250,000 people.

Some scientists said the prevalence discovered in Britain
might be down to more thorough detection.

"I think we will find in the coming days that a lot of other
countries will find it," Marc Van Ranst, a virologist from the
Rega Institute for Medical Research in Belgium, told broadcaster
VRT.

(Additional reporting by Kate Kelland, Toby Melville and James
Davey in London, Laurence Frost in Paris, Philip Blenkinsop in
Brussels, Sayantani Ghosh in Singapore, Frank McGurty in New
York, Josh Smith and Sangmi Cha in Seoul, Renju Jose in Sydney,
Shilpa Jamkhandikar in Mumbai and Farah Master in Hong Kong;
Writing by Guy Faulconbridge and Pravin Char; Editing by Angus
MacSwan)

More News
8 Jun 2023 07:20

Wizz Air forecasts return to profit in current year

LONDON, June 8 (Reuters) - European low-cost airline Wizz Air said it would make a net profit of 350 million to 450 million euros in its current financial year, as strong demand for travel and its expanding fleet put it on track for growth.

Read more
2 Jun 2023 13:29

Lufthansa-ITA-Deal heizt Konsolidierungsfantasien an

Analysten sagen weitere Übernahmen voraus

*

Read more
26 May 2023 07:00

Soaring airline customer complaints push global legislators to act

LONDON/MONTREAL, May 26 (Reuters) - Nikoleta Dodova is among a growing number of dissatisfied airline customers. Having bought her mother and niece airline tickets from Sweden to Macedonia last year, their flight was cancelled and they ended up at an airport over two hours away. She is still waiting for compensation.

Read more
25 May 2023 12:12

LONDON MARKET MIDDAY: Europe struggles but Nvidia lifts US tech stocks

(Alliance News) - Stock prices in London were lower at midday on Thursday, with US debt ceiling worries keeping a lid on European equities, though Nvidia boosted technology shares over in New York.

Read more
25 May 2023 09:23

LONDON BROKER RATINGS: Numis starts Tristel with 'add'

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

Read more
24 May 2023 09:31

LONDON BROKER RATINGS: Morgan Stanley raises Deliveroo to 'overweight'

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

Read more
22 May 2023 13:18

Ryanair aims for 10% full year profit growth on strong summer

Sees summer fares 'trending ahead of last year'

*

Read more
22 May 2023 09:23

LONDON BROKER RATINGS: Citigroup cuts Sainsbury to 'neutral'

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

Read more
18 May 2023 10:10

EasyJet has enough planes on order for growth plans, says CEO

LONDON, May 18 (Reuters) -

Read more
18 May 2023 10:07

easyJet first-half revenue up as aims to return to pre-Covid capacity

(Alliance News) - easyJet PLC on Thursday said revenue surged in the first half of its financial year, boosted by a 25% capacity increase, as its interim loss narrowed.

Read more
18 May 2023 08:10

UK's easyJet confident as summer demand ramps up

Sees Q3 revenue per seat up 20% on last year

*

Read more
18 May 2023 07:40

EasyJet confident about summer as H1 losses narrow

(Sharecast News) - Budget airline easyJet expressed confidence about the summer season on Thursday as it reported a narrowing of its first-half losses, in line with its guidance.

Read more
17 May 2023 15:02

Thursday preview: Philly Fed index, Easyjet in the spotlight

(Sharecast News) - The market spotlight will continue to focus on the US come Thursday.

Read more
11 May 2023 15:43

UK earnings, trading statements calendar - next 7 days

Friday 12 May 
Allianz Technology Trust PLCQ1 Results
Balfour Beatty PLCTrading Statement
Beazley PLCQ1 Results
CMO Group PLCFull Year Results
Monday 15 May 
CentralNic Group PLCFull Year Results
Cerillion PLCHalf Year Results
Currys PLCTrading Statement
Diploma PLCHalf Year Results
Equals Group PLCTrading Statement
Finsbury Growth & Income Trust PLCHalf Year Results
Instem PLCFull Year Results
JPMorgan Multi-Asset Growth & Income PLCFull Year Results
Westminster Group PLCFull Year Results
Tuesday 16 May 
Angling Direct PLCFull Year Results
boohoo Group PLCFull Year Results
Britvic PLCHalf Year Results
Burford Capital LtdFull Year Results
Cornerstone FS PLCFull Year Results
DCC PLCFull Year Results
Essentra PLCTrading Statement
Greggs PLCTrading Statement
Hyve Group PLCHalf Year Results
Imperial Brands PLCHalf Year Results
Land Securities Group PLCFull Year Results
Likewise Group PLCFull Year Results
Marston's PLCHalf Year Results
Renew Holdings PLCHalf Year Results
Smartspace Software PLCFull Year Results
Vodafone Group PLCFull Year Results
Zytronic PLCHalf Year Results
Wednesday 17 May 
Auction Technology Group PLCHalf Year Results
Bank of Georgia Group PLCQ1 Results
British Land Co PLCFull Year Results
Experian PLCFull Year Results
JD Sports Fashion PLCFull Year Results
Keller Group PLCTrading Statement
Ninety One PLC and LtdFull Year Results
Redx Pharma PLCHalf Year Results
Sage Group PLCHalf Year Results
Scottish Mortgage Investment Trust PLCFull Year Results
TP ICAP Group PLCQ1 Results
Watches of Switzerland Group PLCTrading Statement
Thursday 18 May 
Brighton Pier Group PLCFull Year Results
BT Group PLCFull Year Results
Burberry Group PLCFull Year Results
ConvaTec Group PLCTrading Statement
easyJet PLCHalf Year Results
Energean PLCTrading Statement
Future PLCHalf Year Results
Helios Towers PLCQ1 Results
International Distributions Services PLCFull Year Results
Investec PLC and LtdFull Year Results
National Grid PLCFull Year Results
Nexus Infrastructure PLCHalf Year Results
Premier Foods PLCFull Year Results
Premier Miton Group PLCFull Year Results
TheWorks.co.uk PLCTrading Statement
Tritax EuroBox PLCHalf Year Results
Tyman PLCTrading Statement
Vesuvius PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
10 May 2023 09:41

TUI sees summer travel demand 'significantly' lifting 2023 profit

Summer bookings climb to near pre-COVID level

*

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.