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Latest Finance News related to EasyJet

Labour's water renationalisation plan is a damp squib | Nils Pratley image
Source : Guardian [Read Article] Tuesday 16th of May 2017 07:34:13 PM
.... Fears of overcapacity are finally fading as limping rivals such as Alitalia and Air Berlin suffer. EasyJet itself is expanding capacity at about 8% this year and, 12 months ago, the competitors on its routes were keeping up. ...
EasyJet half-year loss widens on weaker pound image
Source : BBC [Read Article] Tuesday 16th of May 2017 07:28:42 AM
. EasyJet has reported a larger loss for the the first half of its financial year, partly due to the impact of the lower pound and the timing of Easter. ...
Whitbread's Alison Brittain named Veuve Clicquot businesswoman of year image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:33:35 AM
....The ranks of FTSE 100 female bosses were bolstered by last year’s appointment of Emma Walmsey as the chief executive of GlaxoSmithKline, Britain’s biggest drugs company. Alongside Brittain at Whitbread, the others are Kingfisher’s Véronique Laury, Severn Trent’s Liv Garfield, Alison Cooper at Imperial Tobacco, EasyJet’s Carolyn McCall – a former businesswoman of the year winner – and Moya Greene of Royal Mail. ...
Alison Brittain named Veuve Clicquot Business Woman of 2017 image
Source : BBC [Read Article] Tuesday 9th of May 2017 08:22:18 PM
....1998 Marjorie Scardino, chief executive of Pearson. 2008 Carolyn McCall, then chief executive of the Guardian Media Group, now boss of EasyJet. ...
TV's got talent: top jobs in UK broadcasting up for grabs image
Source : Guardian [Read Article] Thursday 4th of May 2017 06:29:22 AM
.... Potential external candidates include Simon Fox, chief executive of Daily Mirror publisher Trinity Mirror, who was linked to the ITV job before Crozier was appointed; and Erik Huggers, the former Microsoft, Intel and BBC digital executive now running music video service Vevo. Dame Carolyn McCall, the former Guardian Media Group chief executive now running EasyJet, and Nationwide Building Society boss Joe Garner, a former BT executive, could also enter the fray. ...
FTSE 100 takes flight after airline shares rise image
Source : BBC [Read Article] Tuesday 11th of April 2017 07:39:41 AM
....50. Mining firms Randgold and Fresnillo topped the leader board - rising more than 4% each - while shares in EasyJet finished 2. ...
What businesses want from the talks image
Source : BBC [Read Article] Tuesday 28th of March 2017 11:01:52 PM
....Helped by the European Common Aviation Area, more than 130 million passengers fly between the UK and the rest of the EU every year, almost double the amount from 20 years ago. Airlines such as EasyJet and British Airways are keen for the UK to still have some access to it, but how that will work once the UK leaves the EU single market is unclear. ...
UK-based airlines told to move to Europe after Brexit or lose major routes image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 09:33:08 AM
....The UK could react to the imposition of EU ownership rules on airlines by developing ownership rules of its own, which could prevent carriers such as the Ireland-based Ryanair from flying UK domestic routes, as it does today. EasyJet is establishing an EU operating company – on which an announcement is expected within weeks – so that it can obtain an EU air operating certificate. ...
Brexit, airlines' worst fear, has become their preoccupation image
Source : Guardian [Read Article] Thursday 9th of March 2017 06:29:50 AM
.... But obtaining similar conditions after Brexit is far from assured. EasyJet is pursuing air operating licences from other countries to keep its intra-EU network running, a £10m insurance policy. ...
Fancy some sun, sea and sand? Brexit means it will cost you 15% more image
Source : Guardian [Read Article] Sunday 12th of February 2017 07:01:00 AM
....50. “Low-cost airlines such as Ryanair, EasyJet and WizzAir make it possible to book three-nights with flights and accommodation for around £100 a head. ...
BT shareholders will remember profit warning for years | Nils Pratley image
Source : Guardian [Read Article] Tuesday 24th of January 2017 05:47:06 PM
.... In theory, now would be a fertile moment. EasyJet’s shares – battered by currencies, competition, fuel prices and disruption – have almost halved in value in 12 months and yet the group is expanding capacity by 9%. ...
French court fines easyJet over refusal to let disabled passenger board image
Source : Guardian [Read Article] Friday 20th of January 2017 03:58:48 AM
....The criminal court in Bayonne, southern France, heard that staff at the budget carrier refused to allow Joseph Etcheveste, 55, to board an Easyjet flight in Biarritz in July 2010 because he was “unaccompanied”. “EasyJet refused to let my client board because it deemed there were security problems. ...
EasyJet should take on board our complaints about communications image
Source : Guardian [Read Article] Wednesday 18th of January 2017 07:00:01 AM
.... The new departure time was not posted and the flight was not called until after the gate had closed. EasyJet has failed to respond to our request for a refund. ...
Use this trick to save big money on holiday bookings with Expedia, British Airways & more image
.... Topcashback also gives four per cent on Thomson Holidays and 3. 45 per cent on EasyJet holidays. ...
Christmas boost for easyJet as 5.6m people fly in December image
Source : Guardian [Read Article] Friday 6th of January 2017 09:59:50 AM
. EasyJet enjoyed a big rise in passenger numbers in December as Britons put aside concerns about the falling pound to seek out winter sun in the Canaries or Spain. ...
EasyJet vows to recruit more female pilots image
Source : Guardian [Read Article] Thursday 15th of December 2016 07:50:54 AM
. EasyJet has pledged to increase the number of female pilots, setting a new target after receiving an increasing number of applications from women. ...
Why aren't there more female pilots? image
Source : BBC [Read Article] Thursday 15th of December 2016 07:46:20 AM
.... . EasyJet has managed to double the number of new entrant female pilots following surge in applications to its Amy Johnson flying initiative. ...
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Three easyJet flights are cancelled and no one says why image
Source : Guardian [Read Article] Wednesday 14th of December 2016 07:00:19 AM
....A flight I was due to go on from Manchester to Hamburg in June was cancelled as I was going through security. EasyJet took five of us to a hotel in Leven in Flintshire for a flight from Edinburgh to Hamburg the next day. ...
Ryanair launches package holiday service image
Source : Guardian [Read Article] Thursday 1st of December 2016 07:06:20 PM
....The Irish airline claimed it would “transform the market” as it launched Ryanair Holidays online, claiming to undercut competitors by offering rooms at 330,000 hotels across Europe with the cheapest flight seats. However, the move comes more than five years after rivals EasyJet launched a similar service. ...
Our Nectar luggage payment to easyJet landed up in hold image
Source : Guardian [Read Article] Thursday 17th of November 2016 07:00:41 AM
.... At the airport we were told I hadn’t booked any hold luggage. EasyJet’s customer services desk suggested that this happens a lot when people book through Nectar. ...
Redfern review into housing: worth building on? image
Source : Guardian [Read Article] Tuesday 15th of November 2016 10:01:01 PM
....The explosion from Sir Stelios Haji-Ioannou hasn’t been heard yet, but it may only be a matter of time. EasyJet, in the face of a 28% fall in annual profits and a 40% decline in the share price in the past 18 months, is stepping up its expansion. ...
EasyJet profits fall due to weak pound and discount fares image
Source : Guardian [Read Article] Tuesday 15th of November 2016 09:25:44 AM
. EasyJet suffered a sharp fall in annual profits – its first decline in six years – and expects a further drop this year after the budget airline was hit by the weak pound and was forced to cut prices. ...
Easyjet profits tumble after year of 'challenges' image
Source : BBC [Read Article] Tuesday 15th of November 2016 07:28:21 AM
....The airline has also been hit by sterling's sharp depreciation since the Brexit referendum. In the face of these issues, "EasyJet achieved a resilient performance," she said. ...
Growth potential image
Source : BBC [Read Article] Tuesday 25th of October 2016 11:00:27 PM
.... When it is complete, passengers will be able to travel between London St Pancras and the terminal in under 30 minutes. But airport bosses - along with the CBI, Federation of Small Businesses and EasyJet - say that more fast trains from central London are crucial to the airport's future growth. ...
Monarch airline agrees £165m investment from Greybull image
Source : BBC [Read Article] Wednesday 12th of October 2016 06:30:00 AM
.... . On top of those short-term trading challenges, Monarch remains caught between the big low-cost airlines EasyJet and Ryanair, and the in-house airlines owned by the big tour operators including Tui and Thomas Cook. ...
Flights cancelled as French air traffic controllers strike image
Source : BBC [Read Article] Wednesday 14th of September 2016 04:28:20 PM
....BA has offered customers due to fly to or from France on Thursday the opportunity to rebook. The lobby group Airlines for Europe (A4E), which represents airlines including EasyJet, Ryanair and BA's parent company IAG, has called on the European Commission and governments to take action to reduce the impact of air traffic control strikes. ...
Budget airlines stand accused over credit card fees image
Source : Guardian [Read Article] Friday 12th of August 2016 01:52:30 PM
....Daley said companies’ behaviour was made more stark by the actions of certain competitors. EasyJet cut its credit card fee to 1% from 2% this year while United Airlines, Air Canada and the travel company Trailfinders charge nothing. ...
Easyjet customers still waiting for refunds after flights cancelled image
Source : Guardian [Read Article] Saturday 30th of July 2016 06:00:26 AM
....SC, Chudleigh, Devon. Related: EasyJet counts cost of nervous passengers, weak pound and strikes. ...

Airlines warn Britain's airports are becoming a 'wild west' with fast food chains and coffee shops selling alcohol to passengers 
....It has been signed by airlines including Easyjet, Flybe, Jet2, Monarch, Thomas Cook, Thomson Airways and Virgin Atlantic. An easy Jet spokesperson said: “EasyJet welcomes the proposed government review on the sale of alcohol at airports which is currently not covered by licensing laws. ...

EasyJet shares drop as revenues tumble
Source : Telegraph [Read Article] Thursday 21st of July 2016 09:08:52 AM
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EasyJet cancellations almost double in June as French go on strike
Source : Telegraph [Read Article] Wednesday 6th of July 2016 12:34:30 PM
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Nearly a year’s wait so far for compensation from easyJet image
Source : Guardian [Read Article] Wednesday 6th of July 2016 06:00:07 AM
....Last July, my husband and I were returning from the Czech Republic with fellow choir members when the return flight was delayed more than three hours. EasyJet acknowledged that we were due compensation of €250 (£208) per person and I gave it the details in September. ...

EasyJet presses ahead with plans to set up European company
Source : Telegraph [Read Article] Friday 1st of July 2016 12:48:05 PM
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Small investors go on a bargain hunt after Brexit share slump image
Source : Guardian [Read Article] Monday 27th of June 2016 05:09:38 PM
....”. EasyJet, which issued a profit warning in the morning, was similarly being snapped up by investors on Monday, he said. ...
Foxtons and easyJet issue profits warnings following leave vote image
Source : Guardian [Read Article] Monday 27th of June 2016 07:03:16 AM
....Foxtons shares reached a record low of 101p – more than 56% lower than their 230p float price in October 2013. EasyJet shares dropped to £10, their lowest point for more than three years. ...
International Airlines Group shares plummet as it warns on profits image
Source : Guardian [Read Article] Friday 24th of June 2016 09:42:53 AM
....The shares dropped 20% to 421p on Friday morning after the profit warning and were the sixth-biggest faller in the FTSE 100 index, which fell 5%. EasyJet, IAG’s budget rival, predicted it would continue to achieve long-term earnings growth and returns for shareholders after the referendum result. ...
Back to the Costas: terror fear sees travel industry return to its roots image
....That is handy for them because smaller airlines, which can’t buy fuel as far in advance, have cut prices and laid on extra flights to sell more seats. EasyJet and Ryanair both plan to increase capacity, and the result is that European short-haul capacity is up about 8% this year. ...
Share Hunter: EasyJet recovering after turbulent period image
Source : Daily Express [Read Article] Monday 16th of May 2016 12:01:00 AM
.... It wasn’t just currency movements that hit revenues, either – terrorist activity also played a part, with the closure of Sharm El-Sheik and the aftermath of the Paris attacks depressing revenues by about 4 per cent. EasyJet is finding that lower seat prices, driven by the industry passing down saving costs from cheaper fuel, are supporting consumer demand. ...
EasyJet set for dividends payout lift-off despite falling into the red image
Source : Daily Express [Read Article] Wednesday 11th of May 2016 08:26:00 AM
.... . EasyJet expects the European shorthaul market to grow by 28. ...
Hedge funds have a lot to answer for, no wonder they're paid so well image
Source : Guardian [Read Article] Tuesday 10th of May 2016 06:44:41 PM
....But one suspects this was one of the simpler demands for the board to concede. EasyJet had advanced in stages from zero dividend in 2010 to a 40% ratio last year. ...
EasyJet flies into red but vows to split profits with shareholders image
Source : Guardian [Read Article] Tuesday 10th of May 2016 07:42:13 AM
. EasyJet’s founder, Sir Stelios Haji-Ioannou, has got his way after the airline pledged to pay out half its annual profit to shareholders, despite falling into the red in the first half of the financial year as the effects of terrorist attacks dented passenger revenues. ...
Terror costs for EasyJet may hit £45m image
Source : Daily Express [Read Article] Monday 9th of May 2016 12:17:00 AM
....Numis estimates this cost the firm around £45million. EasyJet also estimated that exchange rate movements would cost it around £25million by the end of the first half of the year. ...
Luton airport to replace bus transfers with £200m light rail link image
Source : Guardian [Read Article] Friday 15th of April 2016 11:32:20 AM
....”. EasyJet, the biggest carrier at the airport, welcomed the news, saying the redevelopment was a key factor in its pledge to double the size of its operations there over the next decade. ...
Ryanair accuses Google of profiting from misleading ads image
Source : Guardian [Read Article] Friday 8th of April 2016 12:25:30 PM
....Ryanair launched legal action in the Irish high court last December to attempt to force Google to change the search results. Its main rival, EasyJet, has also complained about eDreams, warning that passengers who book their flights through third-party websites risk not having their details correctly registered and having problems when travelling. ...
Travel and tourism shares sink after Brussels attacks image
Source : Guardian [Read Article] Tuesday 22nd of March 2016 05:46:22 PM
....6% lower. EasyJet initially lost 4%, but recovered during the day, while Lufthansa lost 1. ...
Anti-insect paint and electric planes: can technology make aviation sustainable? image
.... A smooth, continuous descent can save 40% of the fuel burned during an aircraft’s final approach, while smarter air traffic control in Europe and the US – including more efficient takeoff and landing, more direct routes and less circling – could save tens of millions of tonnes of CO2 over the next decade. Meanwhile, on the ground, EasyJet is about to trial a hydrogen fuel-cell system to reduce emissions during taxiing, which consumes around 4% of the airline’s entire fuel budget. ...
Sir Stelios calls for sacking of directors at African airline Fastjet image
Source : Guardian [Read Article] Monday 29th of February 2016 12:55:02 PM
....Sir Stelios Haji-Ioannou has used his position as a major shareholder of African budget carrier Fastjet to demand that its directors be sacked. Haji-Ioannou, who has also been a longstanding critic of management at the EasyJet airline he founded, called a general meeting to immediately dismiss Fastjet’s chief executive, Ed Winter, and remove another director, Krista Bates, from the main board, citing concerns over costs. ...
Big firms warn EU exit 'threatens jobs' image
Source : BBC [Read Article] Tuesday 23rd of February 2016 02:38:34 AM
....The Mayor of London Boris Johnson, the most high-profile politician to back EU exit, has urged people to focus on the issues and played down talk of ill feeling between him and the PM, saying "team spirit" within the party was good. In a move described by No 10 as "unprecedented", chairmen or chief executives of 36 FTSE 100 companies signed the letter, organised by Stronger in Europe and Downing Street, backing the campaign to stay in the EU, including Burberry, BAE Systems and EasyJet. ...
Brexit could benefit UK economy, says £8bn fund manager image
Source : Guardian [Read Article] Wednesday 17th of February 2016 07:40:59 PM
....The CBI has come out strongly in favour of Britain remaining in the EU, publishing a glossy leaflet underlining the benefits of EU membership. EasyJet also warned recently that fares would rise if Britain left. ...
VIDEO: EasyJet boss shares three secrets image
Source : BBC [Read Article] Monday 15th of February 2016 06:29:57 AM
. EasyJet boss Carolyn McCall offers the business advice she wishes she'd been given when she started out, as part of the BBC News series, CEO Secrets. ...
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Hedge fund giant Citadel takes out bet against Schroders image
Source : Telegraph [Read Article] Saturday 13th of February 2016 08:02:36 PM
.... . Citadel has a number of other large short positions in the London markets, including bets against EasyJet, Sainsbury’s, Petrofac and the B&Q owner Kingfisher. ...
EasyFoodstore brings in 10 item limit image
Source : Guardian [Read Article] Friday 12th of February 2016 04:34:36 PM
. EasyJet founder Sir Stelios Haji-Ioannou’s budget food store is introducing a 10 of each item limit on purchases from Monday in an attempt to prevent its shelves being cleared by shopkeepers stocking up. ...
EasyJet founder to vote against chairman amid dividend row image
Source : Guardian [Read Article] Tuesday 9th of February 2016 12:03:44 PM
....Sir Stelios Haji-Ioannou will use some of his easyJet shares to vote against the airline’s chairman at its annual general meeting in a protest against the company’s dividend policy and falling share price. EasyJet’s founder said he would use a token 20m shares, not his full 34% stake, to oppose John Barton’s re-election to the board at Thursday’s meeting. ...
British Airways to fly from Stansted for the first time image
Source : Telegraph [Read Article] Tuesday 9th of February 2016 10:07:44 AM
.... . The airport will be the fourth in the UK that BA will use as a base, launching flights to popular summer destinations that are also the mainstay of EasyJet and Ryanair - Faro, Malaga, Palma and Ibiza. ...
Shareholders oppose easyJet founder over dividend image
Source : Telegraph [Read Article] Saturday 6th of February 2016 07:10:07 PM
....” . EasyJet recently hired a new finance chief, Andrew Findlay, who is reviewing the carrier’s balance sheet, which could provide the airline with an opportunity to lift its dividend. ...
Female British Airways cabin crew win the right to wear trousers image
Source : Guardian [Read Article] Friday 5th of February 2016 03:40:19 PM
.... In Britain, Virgin Atlantic reviews requests on a case-by-case basis, with skirts the norm. Only EasyJet crew are routinely able to wear trousers. ...
EasyFoodstore shoppers queue for over an hour after supermarket reopens image
Source : Guardian [Read Article] Friday 5th of February 2016 02:24:26 PM
. Punters were queuing for as long as an hour to get into EasyJet founder Sir Stelios Haji-Ioannou’s budget food store which re-opened on Friday morning. ...
EasyFoodstore forced to close after it runs out of stock image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 07:21:05 PM
. EasyJet founder Sir Stelios Haji-Ioannou’s budget food store, which charges just 25p each for everyday groceries, has been forced to close temporarily after less than two days as it has run out of stock. ...
What's it like to shop at Stelios' easyFoodstore? Chaotic but cheap image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 04:53:09 PM
. The founder of budget airline EasyJet has stepped into Britain's grocery aisle. ...
easyFood! EasyJet founder launches MEGA discount foodstore selling EVERYTHING for 25p  image
.... The store isn't currently offering any fresh food or meat. easyFoodstore is the latest venture by EasyJet found Sir Stelios Haji-Ioannou, who hopes the brand will cut into the rising popularity of discount shopping. ...
Will easyFoodstore be the next easyJet – or the next easyCruise? image
Source : Guardian [Read Article] Tuesday 2nd of February 2016 01:38:02 PM
.... “There is a strong philanthropic thread running through this,” says his spokesman. Related: EasyJet founder Stelios's budget foodstore fails to make it to checkout. ...

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