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EasyJet

EasyJet annual profit rises 40% on package holidays

Published 27 Nov, 2024 12:40pm

LONDON: British no-frills airline EasyJet on Wednesday reported a 40-percent rise in annual net profit on strong...

EasyJet rebounds into annual profit

Published 28 Nov, 2023 03:05pm

LONDON: British no-frills airline EasyJet on Tuesday announced a return to annual net profits after three years of...

UK’s easyJet confident as summer demand ramps up

Published 18 May, 2023 12:42pm

LONDON: British airline easyJet said it was confident ahead of the summer season, when it makes all its profit,...

Ryanair, Wizz Air and easyJet face Italy inquiry over Sicily flight prices

Published 02 Jan, 2023 05:54am

ROME: Italy’s antitrust regulator has opened an inquiry into possible price-fixing for flights in and out of ...

Rolls-Royce champions energy transition at Farnborough

Published 20 Jul, 2022 05:32pm

LONDON: British aircraft engine maker Rolls-Royce is "championing" the energy transition and the decarbonisation of...

EasyJet exercises option to buy 56 Airbus A320neo jets

Published 27 Jun, 2022 06:06am

LONDON: British low-cost airline EasyJet on Tuesday exercised options to purchase 56 fuel-efficient single-aisle...

EasyJet cuts summer flights on staff shortages

Published 20 Jun, 2022 03:31pm

LONDON: British no-frills airline EasyJet on Monday said it was reducing the number of its flights this summer, as...

EasyJet says bookings strong as it posts 545mn stg first half loss

Published 19 May, 2022 12:06pm

LONDON: British low-cost carrier easyJet said demand was strong, with bookings in the last 10 weeks consistently...

EasyJet halves first-quarter loss despite Omicron

Published 27 Jan, 2022 01:31pm

LONDON: British airline EasyJet slashed losses by half in the first quarter, despite the emergence of the Omicron...

EasyJet cuts losses, says 'too soon to say' Omicron impact

Published 30 Nov, 2021 12:35pm

LONDON: British airline EasyJet logged narrowing annual losses Tuesday as air travel reopened, but warned it was ...

EasyJet reports 93% take-up of $1.6bn rights issue

Published 28 Sep, 2021 11:46am

LONDON: British airline easyJet said it had received acceptances from investors for 93% of the new shares it sold as...

EasyJet to raise $1.7bn after rejecting takeover bid

Published 09 Sep, 2021 01:44pm

A source familiar with the matter told Reuters the approach was from budget rival Wizz Air, which declined to comment

EasyJet names ex-RBS boss as chairman

Updated 23 Aug, 2021 12:44pm

EasyJet plc is pleased to announce that it has appointed Stephen Hester as a director and chair designate," EasyJet said in a statement

Anger as England extends restrictions on France travel

Published 18 Jul, 2021 04:14am

LONDON: Frustrated holidaymakers and travel industry leaders rounded on the UK government Saturday after a...

European stocks at record highs, weak U.S. payrolls hit tapering bets

Published 04 Jun, 2021 11:37pm

The pan-European STOXX 600 index rose 0.4pc to a new closing high of 452.57, having earlier hit an all-time high of 452.71. It added 0.8pc for the week.

Banks drag FTSE 100 down; airline shares lower on travel restrictions

Published 04 Jun, 2021 10:51pm

British airways owner IAG lost 0.9pc after Britain removed Portugal from its quarantine-free travel list and added seven more countries to its red list.

EasyJet CEO does not expect Indian variant to ruin summer travel

Published 26 May, 2021 02:47pm

"I don't think that UK aviation as an industry can go through another lost summer without grave consequences," he said.

EasyJet readies 90pc of fleet despite summer doubts

Published 20 May, 2021 07:02pm

EasyJet expects to operate about 15% of pre-crisis capacity in the current April-June quarter, it said on Thursday, before returning furloughed crews for a much-anticipated summer surge.
"We have the ability to flex up quickly to operate 90% of our current fleet over the peak summer period to match demand," Chief Executive Johan Lundgren said in the airline's results statement.

Easyjet chairman Barton prepares to step down in 2022.

Published 15 May, 2021 05:47pm

The airline has hired Lygon Group to find a successor to long-serving chairman John Barton, who has held the role since 2013, according to Sky New.

Too early to say which countries open for British travellers

Published 14 Apr, 2021 06:09pm

"It wouldn't be right for me to speculate as to which countries in which areas of the world are likely to be on which list. We will have to look at the right time, it's too early to say at the moment," Courts told a parliamentary committee.

EasyJet sees more flying from late May

Published 14 Apr, 2021 11:27am

For the six months ended in March, a period when flying has been severely curtailed by the pandemic.

UK to have traffic light system for travel

Published 06 Apr, 2021 04:23am

LONDON: British Prime Minister Boris Johnson said on Monday it was too soon to say whether international summer...

EasyJet to raise up to 1.2bn euros from bond deal

Published 24 Feb, 2021 08:00pm

The positive response from bond investors comes after British Prime Minister Boris Johnson set out a phased plan on Monday to end England's COVID-19 lockdown.
Encouraged by positive news about travel in its biggest market Britain, easyJet moved to appoint BNP Paribas, Morgan Stanley and Santander as joint bookrunners on Tuesday to run a bond sale.

London stocks drop to near one-month low

Published 29 Jan, 2021 04:55am

LONDON: British shares hit a near one-month low on Thursday as energy stocks tracked commodity prices lower ...

EasyJet says revenues slump almost 90pc on virus hit

Published 28 Jan, 2021 06:06pm

In November, EasyJet posted the first annual pre-tax loss in its 25-year history on the virus fallout.

Pandemic restrictions force further cuts to easyJet schedule

Published 28 Jan, 2021 02:18pm

As a result of these moves, cash burn is estimated to fall to 40 million pounds per week in a fully grounded scenario.

FTSE 100 dips

Published 19 Jan, 2021 04:22am

LONDON: London’s FTSE 100 slipped on Monday as a slide in crude oil prices weighed on energy stocks, while tighter...

Britain tightens borders to keep out new COVID-19 variants

Updated 16 Jan, 2021 12:37am

Britain has already felt the effects of mutations in the virus, after a variant first discovered in England has proved to be more transmissible.

EasyJet suspends some voting rights to meet post-Brexit rules

Published 04 Jan, 2021 06:01pm

European Union rules state that EU airlines must be owned and controlled by EU nationals or else lose their licences.
EasyJet said on Monday that investors from outside the EU would be restricted to controlling 49.5% of its shares.

EasyJet defers Airbus aircraft delivery

Published 22 Dec, 2020 01:14pm

The airline said a total of 22 aircraft will be deferred from full year 2022 to 2024, to full year 2027 to 2028.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.62 ▲ 6.6 (10%)
Allawasaya Tex / Jun 4 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,707.26 ▲ 155.21 (10%)
Nets Internat.Comm. / Jun 4 Nets International Communication Limited(GEMNETS)	27.95 ▲ 2.54 (10%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	21.16 ▲ 1.92 (9.98%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.37 ▲ 1 (9.64%)

Stock	Price
Popular Islamic / Jun 4 Popular Islamic Modaraba(PIM)	21.61 ▼ -1.96 (-8.32%)
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	2,016 ▼ -148.61 (-6.87%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	77.72 ▼ -4.76 (-5.77%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.40 ▼ -2.48 (-4.97%)
Diamond Ind. / Jun 4 Diamond Industries Limited(DIIL)	68.51 ▼ -2.97 (-4.16%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.90 ▼ -1.71 (-4.11%)
Paramount Spinning / Jun 4 Paramount Spinning Mills Limited(PASM)	6.46 ▼ -0.25 (-3.73%)
Hala Enterprise / Jun 4 Hala Enterprises Limited(HAEL)	22.63 ▼ -0.76 (-3.25%)
Mandviwala / Jun 4 Mandviwala Mauser Plastic Industries(MWMP)	68.50 ▼ -2.22 (-3.14%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	42,550,338 ▲ 0.2
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	11,923,173 ▲ 0.35
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	11,214,928 ▲ 2.27
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	9,309,017 ▲ 0.48
Telecard Limited / Jun 4 Telecard Limited(TELE)	8,257,366 ▲ 0.47
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	7,401,930 ▲ 0.16
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	7,316,198 ▲ 1.59
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	7,228,520 ▲ 0.41
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	5,678,043 ▲ 0.43
Interloop Ltd. / Jun 4 Interloop Limited(ILP)	4,127,611 ▲ 1.77

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