Gatwick air traffic reductions prompt calls for greater regulation
Around 165 flights could be affected by a cap on arrivals and departures at Gatwick this week
Company
easyJet PLC
LON:EZJ
EasyJet is engaged in the provision of a low-cost airline service on short-haul and medium-haul point-to-point routes principally within Europe.
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Ryanair calls for NATS boss to resign over Gatwick cancellations
Almost 170 flights are set to be affected by a cap on arrivals and departures
Budget airlines’ add-on fees in question as ancillary revenues jump
Budget airlines make large proportions of their revenue through extra charges for the likes of hand luggage and seat selection
easyJet outlook a mixed bag, analysts tip
Air traffic control disruption could offset anticipated higher earnings at easyJet, analysts warned
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FTSE 100 closes higher as miners lend support
London's blue-chip index closed near the day's high with a 0.8% gain to 7,646
Airlines hone in on pre-pandemic trading as profit forecasts jump
Global passenger numbers could sit just 4% shy of pre-pandemic figures, airlines anticipate
FIVE at Five: easyJet profits; Lloyds preferred pick; Ovo slams greenwashing; FTSE 100 up; SpaceX Thursday launch
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
easyJet’s return to altitude in question ahead of update
easyJet should record 'significantly' better pre-tax losses than in the first half of 2022, according to analysts
EasyJet gets double upgrade as UK outlook has ‘improved dramatically’
A better forecast for the UK economy is the key reason for Deutsche Bank's new stance
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FTSE 100 holds on at the close, US stocks see-saw following inflation surprise
The FTSE 100 ended the day at 7,934 points for an ever-so-slight 0.1% gain on opening levels
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FTSE 100 tries but fails to break even as Wall Street sees red
The FTSE 100 tried to regain ground by the close but came up just short at 7,745 points, a 0.2% loss on the day
FIVE at FIVE: easyJet and Wizz Air earnings preview; The year of disinflation; Shell and SSE’s poor customer satisfaction; Actives versus passives
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
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FTSE 100 makes solid gains despite lacklustre markets elsewhere
The UK's top share index closed nearly 38 points higher, or 0.51%, to stand at 7,512
EasyJet and Halfords target middle aged and retirees to ease staff shortages
Companies are turning to the older generation to find new recruits
Liberum trims target for easyJet but stresses 'long-term value beyond short-term uncertainty'
The City broker's analysts said: "Concerns about the cost of living squeeze and a potential recession impacting demand are overstated"
FIVE at FIVE: M&S’ ambitious targets, good times for BA and Easyjet, Matt Damon-fronted crypto.com chooses Paris and another Kwasi u-turn…
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
Peel Hunt encouraged by easyJet prospects for 2023
Analysts at Peel Hunt noted that the outlook for full-year 2023 is encouraging with booked load factors ahead of the same point in 2019 and yields remaining robust, albeit on slower capacity recovery than they anticipated
easyJet says to omit dividend despite strong end to the year
The budget airline operator forecast a full year loss of between £170mln-£190mln despite a strong fourth quarter and as a result will not be making a pay-out to shareholders this year.
Budget airlines face weaker consumer demand in 2023, warns analyst
"There could be risks to passenger demand" next year due to inflationary pressures meeting weaker consumer demand
Builders and building materials
easyJet, Entain and Hays report but Thursday spotlight on US inflation
In the US, earnings are expected from BlackRock, Domino’s Pizza, Delta Airlines and Walgreens Boots Alliance
Loganair, the UK's largest regional airline, reportedly up for sale
Loganair has been operating for more than 60 years, with over 900 staff and flying to more than 40 destinations
Has easyJet left its headwinds behind or is turbulence continuing?
Whether forward bookings are starting to suffer and if people are pulling back on extras will be something for investors to note
easyJet updates sustainability plans as it aims to cut carbon emissions by 35% by 2035
Over roughly 20 years, the carrier has already cut emissions per passenger per kilometre by one-third, showing a significant acceleration in its decarbonisation
EasyJet apologises for blaming delays on snow in August
Passengers attempted to claim compensation following an over three-hour delay on 15 August, with the temperature reaching 23C that day in Jersey
EasyJet scraps more flights as bank holiday weekend gets underway
Over 25 scheduled easyJet flights between the UK and Lisbon have been cancelled so far, though these have only affected airports in England
Gatwick Airport cancels flights last minute after reporting ‘business as usual’ and higher H1 passenger numbers
The airport group returned to profit in the first half after pandemic travel restrictions were lifted
Airlines dealt yet another blow in July as holiday spending falls 2%
Shares in IAG, owner of British Airways, EasyJet and Wizz Air were all under pressure
Could easyJet be over the hump?
Analysts say the outlook for the low-cost airline is looking “brighter”
easyJet boosts quarterly revenue eightfold despite summer travel chaos
The airline also reduced its headline pre-tax loss by nearly two-thirds
easyJet: Analysts' focus will be on "operational capacity"
The market consensus is that easyJet will post in the region of £1.7 billion of revenue for the third quarter
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FTSE 100 closes higher thanks to banks; Wall Street mixed ahead of Fed rate decision this week
At the close, the UK blue-chip index was up 29.93 points, or 0.4% at 7,306.30, just below the afternoon peak of 7,309.65 but well above the session low of 7,242.90
EasyJet founder calls truce with management of EasyJet - reports
Airline's founder relents after bitter dispute over more than 55 new Airbus planes valued at US$6.5bn, though "substantial reduction" is in the works
EasyJet reported to UK aviation authorities over lastminute cancellations
Many easyJet cancellations have taken place with passengers having already checked in, waiting in the departure lounge or even on the plane and waiting to take off
FIVE at FIVE: FTSE in the green, Rolls-Royce uncertainties; easyJet's problems mount; M&S, Sainsbury's in wages backlash; Hipgnosis Songs victory
Here’s Proactive’s round-up of the top financial stories of the day, with helpful links taking you directly to the news
While Wizz Air reports record numbers, easyJet continues to cancel flights, how come?
No airline has cancelled more flights recently than easyJet
easyJet COO steps down amid travel chaos
The budget airline said it has taken pre-emptive action to build resilience following thousands of flight cancellations
EasyJet threatens to re-open old wounds with Airbus deal
"There is currently no expectation that shareholders will be asked to fund any aspect of the proposed purchase.”
easyJet to spend up to US$6.5bn in 'fleet refresh'
The announcement comes as passengers have hit been hit by severe delays and cancellations due to staff shortages at airports
Will easyJet customers choose reputation or cost?
Is the airline's disastrous run of cancellations causing it permanent damage or do we just want cheap travel
easyJet cuts traffic guidance and plans price hikes as summer demand returns
The airline said summer demand has "returned" but that it expects to exceed previous cost projections while tackling caps on flights through Gatwick
Gatwick airport cuts flight capacity for July and August
The UK government and Civil Aviation Authority wrote to airports this week urging flights be cancelled early in a bit to avoid more airport chaos
FTSE 100 closes higher as ECB acts on surging bond yields; US interest rate decision looms
The UK blue-chip index ended 85.95 points, or 1.2% higher at 7,273.41, below the session peak of 7,313.70 but well above the session low of 7,186.50
Strike vote threatens summer holidays as flight misery continues
British Airways, easyJet and Wizz Air all cancelled more flights today
Passengers left stranded by more easyJet, British Airways cancellations
The government wants an automated refund system like on teh trains
EasyJet losses cut to better end of expectations
The airline expects to fly 90% of its 2019 capacity in the third quarter and 97% of its pre-pandemic schedule in the fourth
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FTSE 100 ends higher lifted by basic resources and telecoms
Basic resources and telecoms emerged on top thanks to a near 10% stake purchase of UK telecoms provider Vodafone by Abu Dhabi’s Etisalat
easyJet still faces 'bumpy journey' even as capacity returns towards pre-pandemic levels
For the third quarter, easyJet expects capacity to be around 90% of 2019 levels
Will results change the picture for easyJet, Deliveroo, JD Sports and Asos on Tuesday?
There's also the UK jobs report due, where wage growth will be a key item
EasyJet warns of more cancellations in run-up to Easter
Attempts to hire new crew and ground staff are being hampered by counterterrorism checks.
easyJet PLC and British Airways cancel flights as Covid absences hit hard
British Airways and easyJet are both struggling to put out full rosters because of staff absences caused by Covid
Easyjet on track to fly back into FTSE 100 as Cineworld woes continue - analysts
Rebounding of travel lifts Easyjet, but inflation could hurt spending habits of Dechra's customers
easyJet tipped for busy summer as broker maintains buy rating
Increases to fuel prices will impact 2022 earnings but increased consumer confidence should help performance in 2023
Airlines expects bumper summer as Brits flock back to the sun
Two-thirds of Brits say an overseas holiday is a top priority this year as the ending of all Covid tests for double-vaccinated passengers from 11 February is expected
easyJet says bookings hit by omicron but lifting of travel restrictions boosts demand
"We see a strong summer ahead, with pent up demand that will see easyJet returning to near 2019 levels of capacity with UK beach and leisure routes performing particularly well," said CEO Johan Lundgren
easyJet bookings soften due to COVID-19 spread
The airline said it was too early to determine the impact of the new omicron strain
Airlines shrug off Covid-19 lockdowns in Europe
Austria confirmed a 10-day lockdown this Monday, with Germany seemingly likely to follow suit
Airline recovery on track for 2022 in spite of Austria clampdown, suggests UBS
Austria has imposed a lockdown on 2mln people who have not been fully vaccinated
COP26: Volkswagen and Toyota to ditch car manufacturers net-zero pledge, easyJet commits to CO2 reduction targets
The industry-wide 'Route Zero' deal will count GM, Ford, Mercedes, Volvo, Jaguar Land Rover and Chinese group BYD
Are easyJet shares worth a punt? Not yet, according to this leading investment bank
Stifel upgraded its recommendation on Monday, but still remains lukewarm on the stock
easyJet sees improvement, capacity to reach 70% of pre-pandemic levels
Travel within Europe led demand during the summer, but after the UK government relaxed restrictions and testing there has been an uptick in Britain too
EasyJet says rights issue 93% subscribed
The money strengthens its balance sheet and will accelerate its post-COVID 19 recovery plan
EasyJet eyeing Gatwick slots if BA plan falters - report
“As the European aviation market recovers post-Covid-19, opportunities will arise at airports,”
easyJet recovery likely to lag competitors with £1.2bn rights issue causing dilution, says UBS
easyJet's balance sheet now looks like the one of its competitors
Risk of Covid-19 on flights negligible with PCR test, study suggests
“This real-world data – not simulation models – is what governments around the world can use as a blueprint"
easyJet PLC shares hit turbulence after it rejects bid approach and launches £1.2bn rights issue
easyJet replenished its coffers with a £1.2bn rights issue and revealed it had batted aside a low ball bid offer
EasyJet rejects offer from rival Wizz Air and raises £1.2bn
The Luton-based airline said the all-share approach fundamentally undervalued its business
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FTSE 100 closes 1% lower as growth worries continue to knock sentiment
Footsie closed down almost 73 points, or 1.03%, at 7,022m while the more UK-focused exchange , FTSE 250, lost nearly 49 points, or 0.21%, at 23,799
End of traffic light system in sight as airlines get wish
A new system based around the vaccination status of travellers is under consideration
easyJet names Stephen Hester as chair
Current chair John Barton is stepping down after nine years in the role
Mexico holidaymakers go loco in Acapulco after red list upgrade
Airline and travel shares perked up a little though analysts said the changes had been well flagged.
Green list changes to be announced on Thursday, UK government confirms
Spain has been widely reported as a candidate to be moved on to the amber plus list
UK Government confirms end of quarantine for US and Europe vaccinated visitors
The new rules will apply to most EU countries and the US, all of which are on the amber list.
UK over worst of pandemic by October suggests top medic
The next test will be the response of infections to the opening up of nightclubs