Company
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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"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
The airline said it was too early to determine the impact of the new omicron strain
Austria confirmed a 10-day lockdown this Monday, with Germany seemingly likely to follow suit
Austria has imposed a lockdown on 2mln people who have not been fully vaccinated
The industry-wide 'Route Zero' deal will count GM, Ford, Mercedes, Volvo, Jaguar Land Rover and Chinese group BYD
Stifel upgraded its recommendation on Monday, but still remains lukewarm on the stock
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
The money strengthens its balance sheet and will accelerate its post-COVID 19 recovery plan
“As the European aviation market recovers post-Covid-19, opportunities will arise at airports,”
easyJet's balance sheet now looks like the one of its competitors
“This real-world data – not simulation models – is what governments around the world can use as a blueprint"
easyJet replenished its coffers with a £1.2bn rights issue and revealed it had batted aside a low ball bid offer
The Luton-based airline said the all-share approach fundamentally undervalued its business
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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
A new system based around the vaccination status of travellers is under consideration
Current chair John Barton is stepping down after nine years in the role
Airline and travel shares perked up a little though analysts said the changes had been well flagged.
Spain has been widely reported as a candidate to be moved on to the amber plus list
The new rules will apply to most EU countries and the US, all of which are on the amber list.
The next test will be the response of infections to the opening up of nightclubs
