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BALPA Says Over 2,000 Easyjet Pilots Voted To Express No Confidence In Easyjet's Chief Operations Officer
German Union Says Easyjet Plans To Scrap Domestic German Routes
Easyjet H1 Revenue Rose 1.6%, Says To Launch Employee Consultation Process
Easyjet PLC is a United Kingdom-based company that operates low-cost European point-to-point airline. The Company operates approximately 331 aircraft across 34 countries and approximately 159 airports. It operates through its route network segment. Its fleet includes A319, A320 180 seat, A320 186 seat, A320 neo and A321 neo. It operates across Norway, Estonia, Denmark, United Kingdom, Ireland, France, Germany, Netherlands, Poland, Romania, Ukraine, Czech Republic, Slovakia, Serbia, Greece, Italy, Spain, Portugal, Morocco, Malta, Tunisia, Montenegro, Athens, Budapest, Moldova, Kosovo, Cyprus, Israel, Egypt, Iraq, Syria and Iceland.
Hangar 89, London Luton Airport
Non-Executive Chairman of the Board
Chief Executive Officer, Director
Charles M. Gurassa
Non-Executive Deputy Chairman of the Board
Chief Financial Officer, Executive Director
Chief Marketing Officer
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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Return on Equity (TTM)
London's blue-chip FTSE 100 ended flat on Tuesday as mixed earnings and rising friction between the United States and China weighed, while a surge in budget airline easyJet on adding more flights lifted the mid-caps index.
British low-cost airline easyJet <EZJ.L> plans to fly at 40% of its capacity over the rest of the summer thanks to stronger than expected bookings despite continuing pandemic uncertainty.
The CEO of British low cost airline EasyJet <EZJ.L> said UK government quarantine rules on Spain had not caused customers to cancel travel plans but it was deterring new bookings, as he called for a more targeted approach.
British low cost airline easyJet said it planned to fly about 40% of its capacity over the rest of the summer, more than it had originally scheduled on better than expected booking demand.
EasyJet <EZJ.L> and British Airways <ICAG.L> told customers on Saturday they did not plan to cancel flights over the coming days, after Britain's government advised against all non-essential travel to mainland Spain due to COVID-19.
A group representing UK airlines including British Airways <ICAG.L>, easyJet <EZJ.L> and Ryanair <RYA.I> called on the UK government to suspend a tax on flights to boost demand and help the industry recover from the coronavirus pandemic.
Global airlines, which had warned of drastically shrinking their workforce due to a collapse in air travel amid the coronavirus crisis, are now serving layoff notices to employees, sending them on unpaid leave, cutting pay or seeking voluntary retirements. The following...
Over 2,000 easyJet <EZJ.L> pilots voted to say they had no confidence in the airline's chief operating officer Peter Bellew, illustrating the strain on labour relations as the company tries to cut jobs.
EasyJet's <EZJ.L> new chief operating officer, Peter Bellew, will face a vote of confidence from pilots this week, the British Airline Pilots Association (BALPA) said on Monday.
British low cost carrier easyJet <EZJ.L> plans to cut jobs and the number of aircraft it has in Berlin and is proposing scrapping domestic German flights as part of its retrenchment over COVID-19, a German union and source familiar with the plan said.
Low cost carrier easyjet said on Wednesday it planned to cut the number of aircraft and employees based in Berlin and has launched a consultation.
British low cost airline easyJet <EZJ.L> has said that 727 of its UK-based pilots are at risk of redundancy, equivalent to about one-third of its pilots in the country, union BALPA said in a statement.
London's FTSE 100 rose on Friday as energy stocks tracked gains in oil prices on optimism about a recovery in global fuel demand, while easyJet jumped after taking more steps to shore up liquidity.
British low-cost airline easyJet said it strengthened its finances by $255 million (£205 million) through the sale and leaseback of six A320neo aircraft with leasing firm SMBC Aviation Capital.
Budget airline easyJet has raised about 419 million pounds through a share placing to help bolster its finances after the COVID-19 pandemic devastated the travel industry.
Airline easyJet <EZJ.L> will resume flights on international routes to Paris, Milan and Barcelona from Britain on July 1 as it aims to restore some capacity for the summer after flights were grounded by the spread of COVID-19.
Budget airline easyJet on Thursday said it had raised about 419 million pounds ($520.5 million) through a share placing to help it withstand the COVID-19 pandemic.
Budget airline easyJet <EZJ.L> on Wednesday sought to raise up to 450 million pounds via a share placement to help it navigate the COVID-19 pandemic after reporting a bigger first-half loss.
Budget airline easyJet on Wednesday reported a bigger loss for the first half as it took a 160-million-pound hit ($199 million) from failed fuel hedging as the COVID-19 pandemic brought global air travel to a virtual standstill.
British airline EasyJet <EZJ.L> said it had pushed back the delivery of 24 aircraft to between 2025 and 2027 and secured additional flexibility on orders from planemaker Airbus <AIR.PA> as part of its planning for a smaller travel market.
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