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: 452.90
Bid: 454.30
Ask: 454.80
Change: -4.90 (-1.07%)
Spread: 0.50 (0.11%)
Open: 455.50
High: 457.80
Low: 452.90
Prev. Close: 457.80
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EasyJet has enough planes on order for growth plans, says CEO

Thu, 18th May 2023 10:10

LONDON, May 18 (Reuters) -

The chief executive of easyJet is happy with the airline's current fleet plans, and said there is no risk it won't have sufficient planes to meet its growth targets.

Demand for new Airbus and Boeing planes

is booming

as travel rebounds after the pandemic, with airlines placing orders now to secure narrow-bodies for later in the decade amid worries that the planemakers are nearly sold out.

Ryanair, Europe's biggest airline, sealed a multibillion-dollar deal for as many as 300 Boeing jets

earlier this month

, helping to underpin its plan to almost double annual traffic to 300 million passengers by March 2034.

EasyJet is due to receive 163 new Airbus aircraft over the next five years which CEO Johan Lundgren said was enough.

"We don't see that we're going to run out of, you know, metals and aircraft in order to satisfy the ambitions we have on growth," he told reporters on Thursday.

"We think we're in a strong position with the order book that we have."

Of the 163 planes on order, a mix of A320neos and A321neos, some will replace older models, while some will be used to add new flights, Lundgren said, highlighting that 18 will arrive next year boosting capacity by 10%.

Supply chain issues mean both plane manufacturers are struggling to deliver new jets on time, but the CEO said that as one of the world's largest A320 family customers, easyJet was well-placed.

"Any challenges we would have from delivery point of view, I think, we're working very, you know, constructively with Airbus to mitigate those," Lundgren said after easyjet reported

first half results. (Reporting by Sarah Young; Editing by Kate Holton and James Davey)

More News
14 Mar 2023 09:33

LONDON BROKER RATINGS: SocGen cuts Ferguson to 'hold' from 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
14 Mar 2023 07:58

LONDON BRIEFING: TP ICAP profit up; impairments sting Close Brothers

(Alliance News) - Shares in London are called to open lower on Tuesday, amid Silicon Valley Bank contagion worries and inflation concerns, ahead of a US consumer price index reading.

Read more
13 Mar 2023 07:20

No departures at Berlin, Bremen, Hamburg airports as security staff strike

BERLIN, March 13 (Reuters) - Berlin, Bremen and Hamburg airports said no commercial flights would take off on Monday due to a strike by trade union Verdi over pay.

Read more
3 Mar 2023 14:21

KLM, airline industry to fight Schiphol Airport flight cap in court

AMSTERDAM, March 3 (Reuters) - KLM and other airlines on Friday said they are suing the Dutch government over plans to cap the number of annual flights allowed at Amsterdam's Schiphol Airport, saying it would hurt them, the Dutch economy and travellers.

Read more
28 Feb 2023 09:27

LONDON BROKER RATINGS: JPMorgan cuts Mondi; Rolls-Royce raised

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
21 Feb 2023 10:17

LONDON BROKER RATINGS: BoA cuts DS Smith; Jefferies likes JTC

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

Read more
21 Feb 2023 07:59

LONDON BRIEFING: IHG posts strong recovery; Smith & Nephew profit down

(Alliance News) - The FTSE 100 looked set to slip below the 8,000 mark at the open on Tuesday, as investors digested a mixed set of corporate earnings.

Read more
17 Feb 2023 20:14

Airports see smoother summer travel than 2022 but brace for headaches

Feb 17 (Reuters) - Global airports expect smoother travel this summer as staffing improves, but surging passenger demand during peak periods in Europe and North America could still bring long lines, baggage piles and delayed flights, an industry group said.

Read more
15 Feb 2023 17:07

UK regional airline Flybe to wind down as rescue talks collapse

Flybe to wind down business as rescue talks end

*

Read more
14 Feb 2023 19:28

London's FTSE 100 pares gains as U.S. CPI fans rate hike fears

U.S inflation rises in January

*

Read more
14 Feb 2023 12:04

LONDON MARKET MIDDAY: FTSE 100 comes near 8,000 ahead of US inflation

(Alliance News) - Stock prices in London were higher at midday on Tuesday, as investors' focus shifted from the latest UK labour market report to a key US consumer price index print.

Read more
14 Feb 2023 11:08

Deutsche Bank upgrades EasyJet on 'dramatic' improvement in UK economic outlook

(Sharecast News) - Analysts at Deutsche Bank upgraded their recommendation for shares of Easyjet on the back of what they said had been a "dramatic" improvement in the outlook for the UK economy in 2023.

Read more
14 Feb 2023 11:06

TUI sees strong summer bookings as travel recovery gains momentum

8.7 million bookings for upcoming season

*

Read more
14 Feb 2023 09:08

LONDON BROKER RATINGS: Deutsche Bank double-upgrades easyJet to 'buy'

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

Read more
14 Feb 2023 08:40

LONDON MARKET OPEN: Stocks rise after UK jobs and wages report

(Alliance News) - London equities opened higher on Tuesday, as new data showed that UK employment rate remained steady in the final three months of 2022, while average pay rose but saw one of the biggest falls in real terms since records began.

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.