IAG and Easyjet lead fall in travel shares as Spain and Portugal introduce quarantine for unvaccinated Brits June 28, 2021 Airline stocks including BA owner IAG, Easyjet, and Ryanair all tumbled today as more European countries imposed travel restrictions on UK holidaymakers. FTSE 100 IAG was down 5.8 per cent by the mid afternoon, while budget carrier Easyjet also dropped 5.0 per cent. Fellow blue-chip Rolls-Royce, which makes the engines used by most commercial jets, [...]
Airlines add extra seats to rare green list destinations Gibraltar, Iceland and Israel June 15, 2021 Airlines add extra seats to rare green list travel destinations Gibraltar, Iceland and Israel
Airline stocks dive and bosses fume after Portugal axed from UK travel ‘green list’ June 4, 2021 Airline stocks dropped as London’s markets opened for trading today after the government removed the one popular holiday destination from its travel “green list”. Wizz Air led the fallers on the FTSE 250, dropping 3.5 per cent by the mid-afternoon, while Easyjet shed 1.9 per cent. Easyjet had added hundreds of extra flights to Portugal [...]
Stop, go, stop: Easyjet and Jet2 bosses slam ministers over traffic light travel ‘guessing game’ May 27, 2021 The CEOs of Easyjet, Jet2, and the owner of Stansted airport have slammed the UK Government for its handling of the return of international holidays via a traffic light system where a country must be on the green list in order to facilitate return travel.
Add Europe to ‘green list’, Easyjet begs, as airline books £700m loss May 20, 2021 No respite for Easyjet as airline dives to £701m loss as it pins hopes on UK green list growing
Easyjet hires headhunters to steer search for new chairman May 15, 2021 Easyjet has hired headhunters to begin the search for the successor to chairman John Barton, who will step down next year. Sky News reported that the budget carrier had hired Lygon Group to conduct the search. Barton, who will step down next May after a full nine year term as the airline’s carrier, has been [...]
Airline shares jump on hopes of Europe-US travel by the summer April 26, 2021 Airline shares jumped today on the back of hopes that travel between the EU and US would open up again this summer. Over the weekend, European Commission President Ursula von der Leyen said that all US citizens who had been vaccinated should be able to travel to Europe by the summer. Her comments sent shares [...]
Virgin Atlantic boss expects to fly full fleet by October April 21, 2021 Virgin Atlantic is eyeing October or November this year to be back flying its full fleet, its chief executive said today. The comment forecasts the end of the pandemic crisis for airlines, as the majority of flights have been grounded for over a year. “We are by no means out of this situation, we will [...]
Easyjet eyes late May travel rebound after hefty first half loss April 14, 2021 Easyjet today said it expects passenger numbers to pick up from late May after continued lockdown measures sparked a hefty loss for the first half of the year. The budget airline forecast capacity to hit 20 per cent of 2019 levels in the third quarter, with an increase from late May onwards. It said it [...]
Covid crisis deepened for airlines in January March 2, 2021 International air traffic fell 86 per cent in January compared to pre-crisis levels