Lufthansa shares soar as board approves €9bn state bailout

2nd Jun 2020 08:35

(Sharecast News) - Shares in German flag carrier Lufthansa soared on Tuesday after the airline's supervisory board backed a €9bn state bailout.

Read more

Ryanair and Wizz are best airline shares, Morgan Stanley says

28th May 2020 14:16

(Sharecast News) - Ryanair and Wizz Air are the European airlines that offer investors the best balance between risk and reward with easyJet an attractive bet if demand recovers faster than expected, Morgan Stanley said.

Read more

EasyJet to cut 4,500 jobs and shrink fleet

28th May 2020 07:01

(Sharecast News) - EasyJet plans to cut about 4,500 jobs as the airline prepares to restart flying with a smaller fleet and reduced demand as a result of the Covid-19 crisis.

Read more

FTSE 100 set for shake-up as easyJet faces drop

27th May 2020 10:25

(Sharecast News) - The FTSE 100 could be in for its biggest shake-up in more than a decade as the Covid-19 crisis looks set to eject easyJet and Carnival from the index of leading shares.

Read more

Europe open: Travel stocks jump as restrictions on sector ease

26th May 2020 11:26

(Sharecast News) - Stocks in Europe are extending gains from the previous session as travel stocks rally amid news of easing travel restrictions across the Continent.

Read more

Germany wants to lift tourist travel warning - report

26th May 2020 08:40

(Sharecast News) - The German government intends to lift a travel warning for tourist visits to 31 European countries from mid-June if the Covid-19 situation allows, according to reports.

Read more

EasyJet CFO Findlay quits after founder fails to unseat him

26th May 2020 07:05

(Sharecast News) - EasyJet Chief Financial Officer Andrew Findlay has resigned just days after the airline's founder Stelios Haji-Ioannnou failed to remove him and three other leading board members.

Read more

Sunday newspaper round-up: Hong Kong, Air bridges, Vaccine

24th May 2020 13:16

(Sharecast News) - Hong Kong democracy activists yesterday made frantic plans to cover their tracks amid fears of a brutal crackdown by the world's most powerful surveillance state. Many deleted politically sensitive online postings, wiped social media accounts and turned to proxy servers that mask their identities after China announced sweeping national security laws for the territory. - Sunday Times

Read more

Stelios fails in bid to eject top easyJet directors

22nd May 2020 12:24

(Sharecast News) - EasyJet's founder Stelios Haji-Ioannou has failed in his attempt to eject the airline's chairman, chief executive and two other directors from the board.

Read more

Stelios to ask board if easyJet is a going concern

21st May 2020 13:58

(Sharecast News) - EasyJet's founder Stelios Haji-Ioannou will ask the board whether the airline is a going concern and how many of its shares are controlled by Airbus at a shareholder meeting on Friday.

Read more

EasyJet to start flying again on 15 June

21st May 2020 07:03

(Sharecast News) - EasyJet said it would begin to restart flying on 15 June with extra measures to reduce the risk of infection from Covid-19.

Read more

EasyJet says 9m customers hit by cyber attack

19th May 2020 11:56

(Sharecast News) - Budget airline easyJet said on Tuesday that it has been the target of a cyber attack in which the email addresses and travel details of around 9m customers were accessed.

Read more

EU Commission lays out guidelines for reopening borders

13th May 2020 12:49

(Sharecast News) - Brussels is calling for European Union member states to gradually lift restrictions on the freedom of movement, including measures - such as quarantines - for the ailing airline industry.

Read more

Majority of Covid-19 cases with slight symptoms generate immune response, study shows

12th May 2020 11:09

(Sharecast News) - The majority of people infected with the novel coronavirus generate an effective immune response for the "following months", US researchers believe.

Read more

Monday broker round-up

11th May 2020 13:48

(Sharecast News) - Diploma: Peel Hunt downgrades to hold with a target price of 1,650p.

Read more