Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 457.70
Bid: 458.30
Ask: 458.70
Change: 4.80 (1.06%)
Spread: 0.40 (0.087%)
Open: 452.20
High: 461.30
Low: 448.70
Prev. Close: 452.90
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Business class you win, economy you lose: BA faces backlash over points changes

Thu, 29th Jan 2015 14:29

LONDON/BERLIN, Jan 29 (Reuters) - British Airways is facinga backlash from customers after making changes to the waypassengers can earn and spend miles under its Avios frequentflyer programme, with some threatening to switch to rivalairlines such as Virgin Atlantic, Ryanair and easyJet.

Following the example of U.S. carriers, British Airways,owned by IAG, is tying the number of points awarded topricing tiers within cabins, rather than the number of milesflown.

Those paying for fully-flexible first-class and businesstickets will earn more points under the new scheme, whileeconomy class passengers buying the cheapest, non-flexible,fares will see the number of points they earn slashed to aquarter of previous levels.

That prompted howls of protest on Twitter, with somethreatening to dump British Airways and switch allegiance.

"@Virgin Atlantic, you single?," one twitter user,@AimeeColleen, asked after the changes.

"It just makes me want to fly with the low cost companies,"another user, @Virginia_Bag tweeted.

RBC analyst Damian Brewer said it was a brave move thatcould pay off financially for IAG, but could also push somecustomers to budget rivals easyJet and Ryanair on short-haul routes.

"We think that overall this is likely a net positive ashigher ticket spend is encouraged," he wrote in a note toclients.

This is not the first time changes to points gathering andspending has stirred debate in the industry. In the UnitedStates, United, Delta and Southwest haveall altered programmes in recent years to base points earned ondollars spent, drawing ire from travellers on social media.

In Europe, one German passenger even took Lufthansa to court after the airline abruptly changed the numberof miles required to get a free business or first class flight.A court sided with Lufthansa in 2013, but the airline said as acompromise it would give three months' notice of any changes toits Miles & More conditions.

In response to the social media criticism, British Airwayshighlighted on Thursday that the changes would also make iteasier to book a flight using Avios points. A lack of availablereward flights is a common complaint among users of airlineloyalty schemes.

"We believe those that spend the most on flexible ticketsshould see the greatest rewards," the British Airways spokesmanadded. (Reporting by Victoria Bryan and Paul Sandle; Editing by MarkPotter)

More News
2 Feb 2023 09:19

LONDON BROKER RATINGS: Goldman Sachs cuts Standard Chartered

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
31 Jan 2023 08:44

Airlines must 'use or lose' UK airport slots in return to pre-COVID rules

LONDON, Jan 31 (Reuters) - Airlines operating at British airports will have to use 80% of their take-off and landing slots in order to keep them, the government said on Tuesday, as it brings the industry back in line with pre-pandemic rules.

Read more
30 Jan 2023 09:02

Ryanair posts record Christmas quarter, sees 'very robust' summer demand

Q3 profit a record 211 mln euros

*

Read more
28 Jan 2023 16:25

UK regional airline Flybe ceases trading, cancels all flights

Collapses for second time in three years

*

Read more
26 Jan 2023 09:44

LONDON BROKER RATINGS: RBC cuts Ocado; Bernstein cuts easyJet

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
26 Jan 2023 08:41

Wizz Air sees strong summer, but more wary than rivals

Expects to return to profit in year to April 2024

*

Read more
25 Jan 2023 17:33

London stocks end lower, Ascential jumps on upbeat forecast

Ascential tops FTSE midcap index

*

Read more
25 Jan 2023 17:09

LONDON MARKET CLOSE: Stocks in the red; Ascential surges on spin-off

(Alliance News) - Stocks in London were lower at the close on Wednesday amid a gloomy economic backdrop for the UK and mixed updates from UK-listed firms.

Read more
25 Jan 2023 16:40

Europe Inc earnings offer market optimists more hope

ASML results exceeded expectations

*

Read more
25 Jan 2023 12:05

LONDON MARKET MIDDAY: Stocks mostly down but easyJet, Ascential surge

(Alliance News) - Stock prices in London were lower at midday on Wednesday, despite some positive UK company trading updates.

Read more
25 Jan 2023 12:05

Q4 earnings: focus on cost control

Tech, telecom stocks push STOXX lower

*

Read more
25 Jan 2023 11:03

Negative U.S. inflation in 2023?

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

NEGATIVE U.S. INFLATION IN 2023? (1051 GMT)

Read more
25 Jan 2023 10:12

Airlines and defence defy STOXX weakness

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

AIRLINES AND DEFENCE DEFY STOXX WEAKNESS (1003 GMT)

Read more
25 Jan 2023 09:33

LONDON BROKER RATINGS: Goldman likes UK banks; HSBC cuts Dr Martens

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

Read more
25 Jan 2023 09:08

LONDON MARKET OPEN: Stocks firm; Ascential jumps 25% on restructuring

(Alliance News) - Stock prices in London opened marginally higher on Wednesday, after figures showed producer price inflation is easing in the UK and following mixed markets in the US and Asia.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.