Archive
Airlines tumble as analysts cut forecasts after Boris Johnson's speech
Credit Suisse analysts slashed their target price by more than a fifth to 746p as they now forecast passenger numbers will fall 92% in the second half of the year
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.
724 stories · page 14 of 37
Airlines have 'too many planes' says Warren Buffett
The Oracle of Omaha's reasoning may provide extra ammunition for Stelios Haji-Ioannou's argument with easyJet
Virgin Atlantic will not survive without government support, Branson says
The billionaire has offered his private Caribbean island as collateral
EasyJet founder Stelios calls for removal of CEO and chairman of “aircraft parking lot”
“There is no way the demand for passenger flying in 2021 will be the same as 2019”
EasyJet ups borrowing while burning £160mln per month from coronavirus grounding
The budget airline has now secured close to £2bn in extra cash since the outbreak first hit the travel industry
EasyJet spat continues as Stelios refers airline to FCA over Airbus deal
“If the FCA does not force the scoundrels to call a shareholder vote on new deal with Airbus, easyGroup will not hesitate to seek a judicial review”
EasyJet PLC founder calls meeting to remove finance head Findlay
On Friday, EasyJet rejected a requisition to remove non-executive director Andreas Bierwirth
easyJet plans to up cash reserves to £2.3bn by Thursday
The budget carrier said it has also reached an agreement with the aircraft pilots union, BALPA, on furlough agreements for its pilots, effective from 1 April
EasyJet gets meeting requisition as Stelios ups Airbus order pressure
Ioannou claims the US$4.5bn Airbus order, puts the company’s survival in question in the current environment.
easyJet grounds fleet and responds to Airbus order demands from Stelios
It was a turbulent day for the airline industry, as Virgin Atlantic also asked the government for an emergency loan
easyJet gets double upgrade to ‘buy’ from UBS after share price slump
A rash of flight cancellations and a fall in demand due to the coronavirus outbreak have pushed shares in the carrier down by over 30% since the start of the year
Fears grow for airlines as trade body ups estimate of coronavirus cost four-fold
“These are extraordinary times.” says director general Alexandre de Juniac
Coronavirus disruption pushes HSBC to trim targets for easyJet, Ryanair, IAG and Wizz Air
The investment bank said demand for air travel across Europe had “weakened broadly” since the disease arrived on the continent earlier this year
easyJet descends as it halts some Italian flights amid coronavirus outbreak
The airline is also planning budget cuts, pay freezes and offering unpaid leave to staff as part of its effort to reduce the impact of the outbreak on its bottom line
Archive
Coronavirus share price contagion starts to spread
A look at some of the day's major movers on Monday.
Archive
Power Metal rises as Paul Johnson ups his stake again
A look at some of the major movers in London on Monday
EasyJet expects smaller first-half loss despite cost surge
Passenger numbers were up 2.8% to 22.2mln in the first quarter as the number of seats rose 1% to 24.3mln and aeroplanes were 91.3% full
Archive
FTSE 100 closes lower as pound strengthens along with fears about China virus
FTSE 100 closed the afternoon session down 40.74 points at 7,610.70, weighed on by big miners
Archive
EasyJet en route with update, Dixons Carphone to report on reboot
The World Economic Forum meeting at Davos is scheduled to see a speech from US president Donald Trump
Hiscox and Fresnillo leave FTSE 100, while Centrica and Kingfisher sweat
Changes in the latest FTSE Russell review included promotions for Helios Towers, C&C Group and LXi REIT