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    EZJ   GB00B7KR2P84

EASYJET PLC

(EZJ)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe Europe - 09/28 03:58:24 am
687 GBX   -3.16%
03:06aEasyJet reports 93% take-up of $1.6 billion rights issue
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02:55aEASYJET : Rights Issue Receives Valid Acceptances of 93%
MT
02:31aEasyJet reports 93% take-up of $1.6 bln rights issue
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UK finance minister presses for travel rules easing - report

08/01/2021 | 10:12am EDT
FILE PHOTO: Britain's Chancellor of the Exchequer Sunak during an interview in London

LONDON (Reuters) - Britain's Finance Minister Rishi Sunak has pressed for an easing of travel restrictions to offer respite to the tourism sector amid concerns that the country is not reaping the benefit of its vaccination programme, the Sunday Times reported.

Sunak had written to Prime Minister Boris Johnson warning of the impact that Britain's strict border controls were having ahead a meeting of ministers on Thursday to consider changes, the newspaper said, citing a source familiar with the letter.

The Treasury declined to comment.

England last month lifted the requirement for fully vaccinated Britons returning from medium-risk countries to have to quarantine. Visitors from the EU and United States with the same status will also be exempt from Monday.

However, travellers still have to take expensive tests before departure and shortly after arrival.

Separately, the bosses of Britain's biggest airlines and travel companies urged Transport Minister Grant Shapps to add more countries to the "green list" that have fewer restrictions.

They said green status should increasingly become a default, given that nearly 90% of British adults had been given one vaccine and more than 70% had two, and domestic restrictions had eased.

"On this basis there is no reason why, and it is essential, that much of Europe including the key volume markets, the U.S., Caribbean and other major markets, cannot turn green next week in time for the remainder of the summer peak," bosses of Virgin Atlantic, easyJet, British Airways, Jet2.com, Loganair, Ryanair and TUI UK & Ireland said in a letter shared with media.

They said a continued requirement for expensive COVID-19 tests would have a huge impact on aviation.

"We have seen no evidence that this regime is necessary for fully vaccinated travellers or those from Green countries, or that effective, cheaper rapid tests cannot be used from higher risk destinations," they said.

($1 = 0.7191 pounds)

(Reporting by Paul Sandle; Editing by Giles Elgood)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
EASYJET PLC -2.99% 685.8 Delayed Quote.1.52%
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A. -2.20% 181.12 Delayed Quote.16.46%
JET2 PLC -1.12% 1320 Delayed Quote.-6.12%
RYANAIR HOLDINGS PLC -2.31% 16.9 Real-time Quote.6.43%
TUI AG -1.69% 3.96 Delayed Quote.27.35%
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Analyst Recommendations on EASYJET PLC
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Financials
Sales 2021 1 416 M 1 940 M 1 940 M
Net income 2021 -973 M -1 333 M -1 333 M
Net Debt 2021 1 806 M 2 474 M 2 474 M
P/E ratio 2021 -3,61x
Yield 2021 -
Capitalization 5 362 M 7 351 M 7 345 M
EV / Sales 2021 5,06x
EV / Sales 2022 1,34x
Nbr of Employees 14 000
Free-Float 62,3%
Chart EASYJET PLC
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Technical analysis trends EASYJET PLC
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TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 20
Last Close Price 709,40 GBX
Average target price 875,47 GBX
Spread / Average Target 23,4%
EPS Revisions
Managers and Directors
Johan Peter Lundgren Chief Executive Officer & Director
Kenton Jarvis Chief Financial Officer
Robert John Orr Barton Non-Executive Chairman
Stephen Alan Michael Hester Chairman-Designate
Sam Kini Chief Data & Information Officer
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