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Jun 15, 2020
06/20
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a welcome sight for easyjet. this flight a welcome sight for easyjet.n just under an hour's time to glasgow. this is the first easyj et hour's time to glasgow. this is the first easyjet passenger flight since the end of march when the entire fleet was grounded. it has been a horrid time for airlines and airports. easyjet just horrid time for airlines and airports. easyjetjust one of several airlines that have said job cuts are inevitable. it is a welcome sight for them. face coverings, as you say, mandatory today in england on public transport and that includes inside of aircraft as well, so includes inside of aircraft as well, so passengers on this slide and others will be required to wear face coverings. they won't be forced to sit and distance from other people, it is thought the face coverings themselves will be enough and they will have to put their own hand luggage into the hole above the seats as well. so plenty of changes and plenty of questions to ask the chief executive of easyjet. we will be talking to him at about 6:50 because of easyjet, li
a welcome sight for easyjet. this flight a welcome sight for easyjet.n just under an hour's time to glasgow. this is the first easyj et hour's time to glasgow. this is the first easyjet passenger flight since the end of march when the entire fleet was grounded. it has been a horrid time for airlines and airports. easyjet just horrid time for airlines and airports. easyjetjust one of several airlines that have said job cuts are inevitable. it is a welcome sight for them. face coverings, as you...
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Jun 15, 2020
06/20
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easyjet is restarting flights today, for the first time in 11 weeks.ew will be required to wear face coverings. the first flight, to glasgow, took off from london gatwick this morning. the boss of the budget airline has insisted he would feel 100% safe on a packed plane. tim muffett is at gatwick for us. reasonably busy, not busy at all, quite busy? what would you say? very, very, very quiet indeed. to see gatwick airport at 9.15 on a monday morning and there is hardly anyone around. this is the first time this north terminal has opened since the pandemic, the south terminal did remain open. face coverings are mandatory and public transport so on the aircraft itself. in the airport, they are not mandatory, but the airport is strongly encouraging people to bring them and to wear them whilst they are in the airport itself. many people will arrive here by train and they already have one. hand sanitiser is our here and vending machines selling face coverings will be made available as well. for airlines and airports, this has been airlines and airports, thi
easyjet is restarting flights today, for the first time in 11 weeks.ew will be required to wear face coverings. the first flight, to glasgow, took off from london gatwick this morning. the boss of the budget airline has insisted he would feel 100% safe on a packed plane. tim muffett is at gatwick for us. reasonably busy, not busy at all, quite busy? what would you say? very, very, very quiet indeed. to see gatwick airport at 9.15 on a monday morning and there is hardly anyone around. this is...
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Jun 24, 2020
06/20
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we've heard british airways, ryanair, easyjet, jobs.they jobs. we've heard british airways, ryanair, easyjet, they are also reducing headcount. and the transport secretary today has said the understand the pain being felt by the aviation sector and that there is bespoke financial support for large companies available from the treasury. but unions have said these job losses are devastating and have also warned that the scale of thejob have also warned that the scale of the job losses mean that the viability of some of our regional airports may now be under threat. sarah corker, thank you. it is a critical day for the uk's commercial landlords as they attempt to collect rent from their struggling tenants, including retailers, restaurants and pubs. uk landlords should be collecting billions in shop rents today, but with businesses struggling as a result of lockdown, many are unlikely to be able to pay their bills. our business correspondent emma simpsonjoins me now. so how much are they likely to get? i think this is a real watershed momen
we've heard british airways, ryanair, easyjet, jobs.they jobs. we've heard british airways, ryanair, easyjet, they are also reducing headcount. and the transport secretary today has said the understand the pain being felt by the aviation sector and that there is bespoke financial support for large companies available from the treasury. but unions have said these job losses are devastating and have also warned that the scale of thejob have also warned that the scale of the job losses mean that...
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Jun 15, 2020
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will easyjet stay out of it?: we always said that we would focus on making flying available that makes a profitable contribution to the company. and it is on that basis that we are planning our program. the pricing in this industry is very dynamic. you will see there is going to be some very attractive fares out there but you will also see that it is going to be dynamic. when the demand matches the supply level, which is currently significantly lowered. curve does not look that dramatically different. inis also true to say that the initial phases, there will be some attractive fares out there. anna: what about summer booking? in terms of the summer bookings come to what extent will air europe ate place in anything like normal levels? what kind of guidance can you give us? johan: it is extraordinarily difficult to predict because there is a scale of uncertainty out there. we are looking at 30% of the planned capacity we had in mind for july, august, and september. if we get new demand when it comes to new bookings
will easyjet stay out of it?: we always said that we would focus on making flying available that makes a profitable contribution to the company. and it is on that basis that we are planning our program. the pricing in this industry is very dynamic. you will see there is going to be some very attractive fares out there but you will also see that it is going to be dynamic. when the demand matches the supply level, which is currently significantly lowered. curve does not look that dramatically...
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Jun 7, 2020
06/20
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they british airways, easyjet and rya nair. they have british airways, easyjet and ryanair.these measures are unjustified. 0ne of the arguments, they say, is actually, quarantine is more stringent than the guidelines apply to people who actually have covid—19. but this legal challenge is at its very earliest stage at the moment. there's no way it's going to stop the quarantine coming into force injust stop the quarantine coming into force in just under two stop the quarantine coming into force injust under two hours now, at midnight. and also, there has been further criticism today from the company which operates the channel tunnel. its boss has written to the prime minister, in fact, saying there was only limited consultation on this process, and the situation that has resulted is going to put a vital supply link, well, it is going to make it inefficient, he says, put that supply link at risk. now, the government has stuck to its guns and said the quarantine is the right thing to do. it is backed by the science and necessary to prevent a second wave, but the quarantine is d
they british airways, easyjet and rya nair. they have british airways, easyjet and ryanair.these measures are unjustified. 0ne of the arguments, they say, is actually, quarantine is more stringent than the guidelines apply to people who actually have covid—19. but this legal challenge is at its very earliest stage at the moment. there's no way it's going to stop the quarantine coming into force injust stop the quarantine coming into force in just under two stop the quarantine coming into...
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Jun 8, 2020
06/20
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it has the support of easyjet and ryanair and dozens of easyjet and ryanair and d oze ns of of easyjetdozens of travel and hospitality companies. the government says, the new restrictions will limit the risk of new cases being imported and it argues it will help stop a second wave of the virus. tell us what you think about this, i am on social media. get involved with a conversation that has already got a lot generated online but also more detail on how this will impact the travel sector and economy in our business coverage in 25 minutes. a majority of the minneapolis city council has promised to dismantle its police department. minneapolis is the city where two weeks ago the unarmed black man george floyd died after a police officer officers knelt on his neck for nearly 9 minutes, triggering protests against racism and police brutality that have gone global. significant reform, or even the defunding of the minneapolis police, has emerged as a key demand of protesters in recent days. over the weekend, the mayor of the city jacob frey was forced away from a rally after he would not comm
it has the support of easyjet and ryanair and dozens of easyjet and ryanair and d oze ns of of easyjetdozens of travel and hospitality companies. the government says, the new restrictions will limit the risk of new cases being imported and it argues it will help stop a second wave of the virus. tell us what you think about this, i am on social media. get involved with a conversation that has already got a lot generated online but also more detail on how this will impact the travel sector and...
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Jun 12, 2020
06/20
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easyjet, the airlines have come back. easyjet up 6.71%.the week after easyjet, looking forward to what johann has to say. astrazeneca down 1.7%. we have seen a rolling over today and it is an important close. on theet that taste closes we will see around the world and get an idea of where we are going next. in order to do that, let's bring suissed snedden, credit head of global analysis. how important are these --? i think these closes are hugely important. clearly we had a very significant move down yesterday, especially clearly in the u.s.. key today is determining if that was a flash in the pan event or are we starting something more significant and finding the correction to what has been a super impressive rally from march. the interesting thing for me technically is if we look at the markets and indices like the nasdaq, this weakness we are seeing is emerging when the as bennett's classical stream on the upside. typically for the nasdaq, you did not tend to move much more than 15%, which we have been well above over the last six to 10
easyjet, the airlines have come back. easyjet up 6.71%.the week after easyjet, looking forward to what johann has to say. astrazeneca down 1.7%. we have seen a rolling over today and it is an important close. on theet that taste closes we will see around the world and get an idea of where we are going next. in order to do that, let's bring suissed snedden, credit head of global analysis. how important are these --? i think these closes are hugely important. clearly we had a very significant...
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Jun 29, 2020
06/20
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and ryanairare ramping up and airlines like easyjet and ryanair are ramping up their operations, buth foreign office blessing until the 6th ofjuly, which will be the day quarantine is lifted from those lucky, selected destinations. joanne has asked, i am still waiting for confirmation my package holiday is going ahead, if the air bridges don't come into force until the 6th ofjuly, for the foreign office allow us to travel on the 1st of july? the answer to that is no. a quick side bar question, jonathan, what are most companies doing in terms of refunds or vouchers if trips cannot go ahead? the situation when it comes to refunds and cancellations is getting better. a lot of travel companies have been under pressure, given the number of cancellations that have had to take place over the last few weeks and months. abta members have been encouraged to refund their customers as soon as they can, but it has been as soon as they can, but it has been a difficult time. as soon as we can get travel going again, the better. we welcome the government's steps to do that, but we need to know what
and ryanairare ramping up and airlines like easyjet and ryanair are ramping up their operations, buth foreign office blessing until the 6th ofjuly, which will be the day quarantine is lifted from those lucky, selected destinations. joanne has asked, i am still waiting for confirmation my package holiday is going ahead, if the air bridges don't come into force until the 6th ofjuly, for the foreign office allow us to travel on the 1st of july? the answer to that is no. a quick side bar question,...
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Jun 15, 2020
06/20
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easyjet down 4.89%. there isthere is a wider travel downgrade today.t is probably affecting lvmh as well, which is down 1.9%. in terms of some of the corporate stories we are watching, on a more granular we are watching what is happening in the vaccine business. germany announced it is going to invest a chunk of money and buy in a biotech company. developing aeen vaccine for coronavirus. it is an rna vaccine. the company also claims it plans to go for an ipo on the nasdaq in july. there has been u.s. interest in the company, which -- the german economy minister had this to say. >> germany is not for sale. we are not selling the family silver. i'm a strong supporter of the global market economy and of the opinion we need to be a very open country. this is also with regard to investment. and what is needed worldwide in other countries. there are certain areas where our position needs to be strict. that was the german economic minister earlier on. the curevac ceo joins us now on the line. thank you for joining us. -- is german government the german govern
easyjet down 4.89%. there isthere is a wider travel downgrade today.t is probably affecting lvmh as well, which is down 1.9%. in terms of some of the corporate stories we are watching, on a more granular we are watching what is happening in the vaccine business. germany announced it is going to invest a chunk of money and buy in a biotech company. developing aeen vaccine for coronavirus. it is an rna vaccine. the company also claims it plans to go for an ipo on the nasdaq in july. there has...
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Jun 8, 2020
06/20
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and rya nair. challenge to the policy, backed by easyjet and ryanair.e measures are necessary to protect public health and prevent new cases of covid—i9 being brought in from abroad. but there is a potential solution that so—called air bridges. passengers on routes to and from countries with low levels of infection could be exempted from the quarantine rules. airlines want them as soon as possible. we think, as the ellen community, that there isa as the ellen community, that there is a decent number of countries, mainly across europe but further afield, where there is sufficient passenger demand —— as the airline community. we now need the government really with a degree of urgency to work with foreign governments and a set of these air bridges as quickly as possible because otherwise we will not have eight summer season here. yet if holiday—makers are to be allowed to seek out the sunshine abroad this summer, other changes will be needed as well, not least to foreign office advice which currently says that people should avoid foreign travel u nless peo
and rya nair. challenge to the policy, backed by easyjet and ryanair.e measures are necessary to protect public health and prevent new cases of covid—i9 being brought in from abroad. but there is a potential solution that so—called air bridges. passengers on routes to and from countries with low levels of infection could be exempted from the quarantine rules. airlines want them as soon as possible. we think, as the ellen community, that there isa as the ellen community, that there is a...
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has much more cash and was a lot more profitable before the coronavirus crisis look at ryanair and easyjet 2 which have managed with pretty much no government support. this a $350.00 has been named after the german city of fribourg but there's no guarantee that it will ever carry passengers anywhere full of tons of. now from riding high to rock bottom in the space of just a week former dolling of the german fin tech industry wire has filed for insolvency just days after 1900000000 euro hole in its finances was made public what it says say they found evidence of elaborate fraud at the company involving multiple parties around the world. it was a historic day at the frankfurt stock exchange and not for the most positive of reasons for the 1st time a company from the elite club of german blue chip stocks the dax is filing for insolvency. wire card shares have plummeted by 98 percent within the past week following the revelation that the company had a gaping 1900000000 euro hole in its books that news came out after the companies are to refuse to sign off on its 21000 accounts this in turn led
has much more cash and was a lot more profitable before the coronavirus crisis look at ryanair and easyjet 2 which have managed with pretty much no government support. this a $350.00 has been named after the german city of fribourg but there's no guarantee that it will ever carry passengers anywhere full of tons of. now from riding high to rock bottom in the space of just a week former dolling of the german fin tech industry wire has filed for insolvency just days after 1900000000 euro hole in...
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easyjet ryanair and british airways are taking legal action against the u.k. government's new rule requiring international travel verse to quarantine for 14 days the airlines are already reeling from coronavirus travel restrictions and say these stringent rules will further deter travelers and threaten jobs sony has unveiled a new playstation 5 the company hopes to have new users for the end of year launch with sequels to its head spiderman and gran turismo games for long. comes ahead of microsoft's next generation x. box debut. now in a time of lost jobs and closed community gathering places it can be hard for many people to feel a sense of belonging but one community garden in the australian city of adelaide is bringing new and old ozzy's together. cookouts are a beloved australian pastime a way to bring people together. but it's not often that you see maize on the barbie . thanks to a community garden started 4 years ago in adelaide this staple of many recipes from the african continent is now available for purchase to the public event it would last once no
easyjet ryanair and british airways are taking legal action against the u.k. government's new rule requiring international travel verse to quarantine for 14 days the airlines are already reeling from coronavirus travel restrictions and say these stringent rules will further deter travelers and threaten jobs sony has unveiled a new playstation 5 the company hopes to have new users for the end of year launch with sequels to its head spiderman and gran turismo games for long. comes ahead of...
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let's check in on some other stories now easyjet ryanair and british airways are taking legal action against the u.k. government's new rule requiring international travelers to quarantine for 14 days the airlines are already reeling from coronavirus travel restrictions and say the stringent rules will deter travelers and threaten jobs. global stock markets have fallen over fears that a resurgence of corona virus infections could do rail any economic recovery asian share sledge sharply with indexes losing ground in hong kong china and japan earlier u.s. stocks also saw their worst declines and weeks. the german government says its 130000000000 euro stimulus package should help stave off a 2nd wave of the virus and help the economy to recover in the 2nd half of the year the measures include a 300 euro per child family credit and a cut in sales tax. and protesters have set fire to lebanon central bank as the country's currency plunged to a new record low demonstrators took to the streets in several cities to voice their anger lebanon is experiencing its worst economic turmoil in decades
let's check in on some other stories now easyjet ryanair and british airways are taking legal action against the u.k. government's new rule requiring international travelers to quarantine for 14 days the airlines are already reeling from coronavirus travel restrictions and say the stringent rules will deter travelers and threaten jobs. global stock markets have fallen over fears that a resurgence of corona virus infections could do rail any economic recovery asian share sledge sharply with...
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much more cash and was a lot more profitable before the coronavirus crossers look at ryanair and easyjet too which have managed with pretty much no government support. there's a $350.00 has been named after the german city of fribourg but there's no guarantee that it will ever carry passengers anywhere full of tonnes of. take a look at some of the other news stories from around the world german financial services provider why a card has filed for insolvency earlier this week the company disclosed that almost 2000000000 euros as vanished from its books the former c.e.o. of wild card was arrested and has been released on bail while being investigated for fraud. european health care regulators recommended the drug called desi via which has been shown trials to speed the recovery time of covert 9000 patients it's the 1st such medicine to gain the agency's. indian authorities are launching a massive coronavirus of the entire population of the capital delhi that's 29000000 people and the aim is to test everyone with symptoms by july 6 delhi has become the worst hit city in india with more than
much more cash and was a lot more profitable before the coronavirus crossers look at ryanair and easyjet too which have managed with pretty much no government support. there's a $350.00 has been named after the german city of fribourg but there's no guarantee that it will ever carry passengers anywhere full of tonnes of. take a look at some of the other news stories from around the world german financial services provider why a card has filed for insolvency earlier this week the company...
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Jun 15, 2020
06/20
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we spoke with the easyjet ceo about european orders reopening.ndhis week, we are having operating about 310 flights. that is across 22 airports in europe commit eight pieces in the u.k. -- bases in the u.k. in july come as an example, we expect to be covering about 50% of the network. in august come up to 75%. -- in august, up to 75%. so we will have a majority of the network by them being covered. but bear in mind, in terms of capacity it was still only be about 30% of what we had originally planned. >> that is interesting. where do you see pricing going here? do you expect the overall dynamic will be one of price war or price discipline? >> i think you will see in the initial phase there will be attractive fares, but we do see there is a good demand on new bookings, particularly outside of the u.k. i think the demand is dampened by the u.k. government and rules they put in place. but hopefully, as that is andaced, demand will go up pricing levels it should be relatively normal. one should bear in mind the capacity and supply is clearly far less
we spoke with the easyjet ceo about european orders reopening.ndhis week, we are having operating about 310 flights. that is across 22 airports in europe commit eight pieces in the u.k. -- bases in the u.k. in july come as an example, we expect to be covering about 50% of the network. in august come up to 75%. -- in august, up to 75%. so we will have a majority of the network by them being covered. but bear in mind, in terms of capacity it was still only be about 30% of what we had originally...
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Jun 25, 2020
06/20
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we have also been watching easyjet as we got news it would be issuing more shares.t has put a little pressure on the stocks good is interesting easyjet has gone in this direction and lufthansa has decided not to go to its shareholders and creditor. lufthansa down 12.62%. it seems like it is taking a look at longer. we thought they would be voting for the deal. i am still waiting for news that has happened. stocks under pressure. wirecard under a lot of pressure. pre-much done and dusted with that story. trading down a 3.62. the company deciding it is going to file for insolvency. we will have analysis on that story shortly. bankruptcy, icy, had to teach myself a lot of the distinction earlier this morning. we want to turn to another area that continues to get hit. the market has been but mentally changed by the pandemic as company shift work from home. we spoke to several financial and business leaders during the bloomberg global investors summit and ask them about returns to office space. technology is changing things and people are staying home more. >> all busine
we have also been watching easyjet as we got news it would be issuing more shares.t has put a little pressure on the stocks good is interesting easyjet has gone in this direction and lufthansa has decided not to go to its shareholders and creditor. lufthansa down 12.62%. it seems like it is taking a look at longer. we thought they would be voting for the deal. i am still waiting for news that has happened. stocks under pressure. wirecard under a lot of pressure. pre-much done and dusted with...
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Jun 15, 2020
06/20
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earlier, as you said, one flight did take off, and easyjet flight flight did take off, and easyjet flightid take off to glasgow. that was easyjet‘s first flight since march the 31st. whilst it is a step towards normality, normality is still a long way off. on public transport in england, you do need to be wearing a face covering. in airports themselves it is slightly different. it is not mandatory but i gatwick all passengers are being urged to wear a face covering whilst they are in the airport. vending machines will be made available for people to purchase loan if they haven't brought one with them. but foran airline haven't brought one with them. but for an airline such as easyjet, this does oppose such enormous challenges. they have said around 30% of their workforce will have to go. earlier i spoke to the chief executive about that and many of the challenges they face. more now on the reopening of thousands of nonessential shops and retail parks in england this morning. our business correspondent, ben thompson is at mcarthurglen retail park in ashford in kent which is opening back up
earlier, as you said, one flight did take off, and easyjet flight flight did take off, and easyjet flightid take off to glasgow. that was easyjet‘s first flight since march the 31st. whilst it is a step towards normality, normality is still a long way off. on public transport in england, you do need to be wearing a face covering. in airports themselves it is slightly different. it is not mandatory but i gatwick all passengers are being urged to wear a face covering whilst they are in the...
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Jun 15, 2020
06/20
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today, easyjet ran its first flights in weeks from london to glasgow and inverness.u travel, and covering yourface in public indoors is increasingly the socially acceptable thing to do. tom burridge, bbc news. some secondary pupils in england facing gcses or a—levels next year have returned to school — meeting their teachers face—to—face for the first time since the lockdown began in march. government guidelines only permit a quarter of the chosen year groups — ten and i2 — to be on site at any one time. pupils from all age groups in wales will return at the end of this month, and scottish and northern irish schools will reopen in august. our education editor branwenjefffreys has more. for ella, time to see friends again. in year 10, she will now get a day of school each week before summer. how do you feel about me going back to school? i've got mixed feelings, really, to be honest. by the time they reached the school gates, they're thinking about how much has been missed. i am feeling nervous, because we have been off for three months, i think, but i am also happy b
today, easyjet ran its first flights in weeks from london to glasgow and inverness.u travel, and covering yourface in public indoors is increasingly the socially acceptable thing to do. tom burridge, bbc news. some secondary pupils in england facing gcses or a—levels next year have returned to school — meeting their teachers face—to—face for the first time since the lockdown began in march. government guidelines only permit a quarter of the chosen year groups — ten and i2 — to be on...
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Jun 8, 2020
06/20
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some of the people who are not at all happy are companies like ,rbritish airways,, easyjet terribly hardit by this pandemic. started a legal challenge after sending a letter to the government. o'leary saysael the government is introducing what he called an ineffective and useless quararantine. i think that many people in the u.k.k. feel the same. it t as far too late and far r too little. it is controversial. the hospitality industry is absolutely up in arms. not just airlines. people feel -- the rule for the last two or three months is if you -- if it is not essential travel, do not travel. kingdom,nd, the united has become a little bit more isolated, even if the government insists the borders are open. the environment has suffered collateral damage from the pandemic. many people littering at the capital. tocing french authorities enforce tougher and stricter penalties. masks, thrown anywhere from the sidewalks to the gutters and to the gutters to the ocean. this morning -- state for theof ministry of ecology has come to set an e example. getting tough on ways. [speaking french] >> it c
some of the people who are not at all happy are companies like ,rbritish airways,, easyjet terribly hardit by this pandemic. started a legal challenge after sending a letter to the government. o'leary saysael the government is introducing what he called an ineffective and useless quararantine. i think that many people in the u.k.k. feel the same. it t as far too late and far r too little. it is controversial. the hospitality industry is absolutely up in arms. not just airlines. people feel --...
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Jun 15, 2020
06/20
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easyjet is restarting flights today for the first time in 11 weeks.ngers and crew will be required to wear face coverings. the first flight is from london's gatwick airport to glasgow. it's initial schedule is mostly flights within the uk as well as to france. thousands of hotel staff in austria will regularly be tested for covid—19 this summer, to try to reassure tourists, particularly those coming from abroad, that the country is safe. the aim is to test 65,000 hotel workers per week, by the start ofjuly. bethany bell reports from the danube valley near vienna, where a pilot is already under way. this family run hotel has been open since the end of may but business is slow. just over a year ago, its owner spent 2 million euros renovating these rooms and other parts of the hotel. they were hoping for a strong season but instead were hit by the coronavirus done. strong season but instead were hit by the coronavirus donem was very hard for us because we invested a lot of money in our hotel and restaurant but we are hopeful that the future will be posit
easyjet is restarting flights today for the first time in 11 weeks.ngers and crew will be required to wear face coverings. the first flight is from london's gatwick airport to glasgow. it's initial schedule is mostly flights within the uk as well as to france. thousands of hotel staff in austria will regularly be tested for covid—19 this summer, to try to reassure tourists, particularly those coming from abroad, that the country is safe. the aim is to test 65,000 hotel workers per week, by...
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Jun 13, 2020
06/20
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easyjet says it could make 11,500 staff redundant. and virgin wants to close 3,000 posts.f the support that has been put in place so far by the chancellor, the furlough scheme has been widely picked up by the airline sector and it's very welcome indeed. but we are facing a future with an aviation sector that's going to be very much smaller than what we've got currently. it's going to take several years to get back to pre—crisis levels, and therefore difficult decisions will have to be taken. the mps' report also criticises the new quarantine rules which came into effect on monday. they now force anyone arriving in the uk to go into isolation for two weeks, in order to prevent new cases of coronavirus being brought in from abroad.
easyjet says it could make 11,500 staff redundant. and virgin wants to close 3,000 posts.f the support that has been put in place so far by the chancellor, the furlough scheme has been widely picked up by the airline sector and it's very welcome indeed. but we are facing a future with an aviation sector that's going to be very much smaller than what we've got currently. it's going to take several years to get back to pre—crisis levels, and therefore difficult decisions will have to be taken....
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Jun 25, 2020
06/20
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we had easyjet raising 419 million pounds.rying to philipp -- fill up the coffers and are gearing up for more flights wells europe, but remain below previous capacity. this is britain's largest discount airline, among one of the first european carriers to build up its services again. coming up, the market open. futures are pointing to a negative session in europe. euro stoxx 50 futures down 0.5%. better for the dax. perhaps because of some of the corporate stories we talked about. the open is next. this is bloomberg. ♪ anna: a minute to go until the opening of cash equities trading. reality, newm virus cases hit daily records in florida, california, and texas. the imf sees a deeper global recession than it predicted. lufthansa gets a lift. the biggest shareholder says he will back a 9 billion euro bailout, giving the rescue plan a shot of momentum. they are seeks closure -- bayer seeks closure. they settle thousands of round of cases. the significant number of claims remain unresolved. take a look at european futures. we have
we had easyjet raising 419 million pounds.rying to philipp -- fill up the coffers and are gearing up for more flights wells europe, but remain below previous capacity. this is britain's largest discount airline, among one of the first european carriers to build up its services again. coming up, the market open. futures are pointing to a negative session in europe. euro stoxx 50 futures down 0.5%. better for the dax. perhaps because of some of the corporate stories we talked about. the open is...
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has much more cash and was a lot more profitable before the coronavirus crisis look at ryanair and easyjet too which have managed with pretty much no government support for. this a $350.00 has been named after the german city of fribourg but there's no guarantee that it will ever carry passengers anywhere full of tons of. time not to take a look at some of the other stories making headlines around the world german financial services provider wire card has filed for insolvency earlier this week the company disclosed that almost 2000000000 euros had vanished from its books the former c.e.o. of wild card was arrested and has been released on bail while being investigated for fraud. poland's president under has become the 1st foreign leader to visit u.s. president all trump during the coronavirus pandemic shortly before his arrival the u.s. ambassador to poland said the u.s. would be sending more troops there a boost for do who's facing a presidential election on sunday. the u.s. has recorded its biggest daily increase in cases since april new infections are climbing sharply in several states
has much more cash and was a lot more profitable before the coronavirus crisis look at ryanair and easyjet too which have managed with pretty much no government support for. this a $350.00 has been named after the german city of fribourg but there's no guarantee that it will ever carry passengers anywhere full of tons of. time not to take a look at some of the other stories making headlines around the world german financial services provider wire card has filed for insolvency earlier this week...
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Jun 13, 2020
06/20
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easyjet says it could make a500 staff redundant. and virgin wants to close 3000 posts.ng of the support that has been put in place so far by the chancellor, the furlough scheme has been widely picked up by the airline sector and it's very welcome indeed. but we are facing a future with an aviation sector that's going to be very much smaller than what we've got currently. it's going to take several years to get back to pre—crisis levels, and therefore difficult decisions will have to be taken. the mps‘ report also criticises the new quarantine rules which came into effect on monday. they now force anyone arriving in the uk to go into isolation for two weeks, in order to prevent new cases of coronavirus being brought in from abroad. but the committee says the policy will cause further damage to the aviation industry and the wider economy. theo leggett, bbc news. hundreds of black and minority ethnic doctors in the uk have told the bbc they are still waiting for a coronavirus risk assessment. guidance issued by nhs england at the end of april recommended that staff who are
easyjet says it could make a500 staff redundant. and virgin wants to close 3000 posts.ng of the support that has been put in place so far by the chancellor, the furlough scheme has been widely picked up by the airline sector and it's very welcome indeed. but we are facing a future with an aviation sector that's going to be very much smaller than what we've got currently. it's going to take several years to get back to pre—crisis levels, and therefore difficult decisions will have to be taken....
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Jun 7, 2020
06/20
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british airways, easyjet and ryanair have written a letter to the government calling the restrictionshe measures are needed to control the virus. the government has announced that places of worship in england can open for private prayer from a week tomorrow. number ten said the move would give individuals the chance to reflect. the new rules are not expected to include weddings of any size orfull services, which will come at a later date. earlier, i spoke to sheikh nuru mohammed, imam at ksimc of birmingham, who said he would only reopen his mosque when all the necessary safety measures were in place, but he said his community would be delighted by the news. you know what? senior citizens don't have a place to frequent every day of their lives and their mosque. some of there are retirees, they are not working, so mosque is like a second home to them. they've been missing these mosques ever since the lockdown. they will be the first group to be happy once their mosque is opened. i can see just how happy that makes you, the prospect of those senior citizens being able to visit you. can
british airways, easyjet and ryanair have written a letter to the government calling the restrictionshe measures are needed to control the virus. the government has announced that places of worship in england can open for private prayer from a week tomorrow. number ten said the move would give individuals the chance to reflect. the new rules are not expected to include weddings of any size orfull services, which will come at a later date. earlier, i spoke to sheikh nuru mohammed, imam at ksimc...
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Jun 14, 2020
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are making it mandatory for travelers to spend 2 weeks in quarantine when they land british airways easyjet and ryanair a challenging the government ruling in court saying it's irrational ineffective and will cost thousands of tourism jobs won't because it has no scientific basis for it all to it's not quarantine because you allow people right you know for to go on to live on the ground transport it's only because people's you're going to move out of holes and they can be on both wars to be sure the local supermarket when they're not cornered me but he's going to do devastating damage to this is coming to britain during the peak of the tourism season though i know. britain's government defended the policy as being the right thing to do most brits understand that we've sacrificed a lot we've stayed at home we've been fighting this virus getting the our number below one what we don't want to do is you know end up sort of essentially re importing it either by people coming here or brits going abroad and coming back so i think the idea of a quarantine is the right thing to be doing and i know t
are making it mandatory for travelers to spend 2 weeks in quarantine when they land british airways easyjet and ryanair a challenging the government ruling in court saying it's irrational ineffective and will cost thousands of tourism jobs won't because it has no scientific basis for it all to it's not quarantine because you allow people right you know for to go on to live on the ground transport it's only because people's you're going to move out of holes and they can be on both wars to be...
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has much more cash and was a lot more profitable before the coronavirus crisis look at ryanair and easyjet 2 which have managed with pretty much no government support. this a $350.00 has been named after the german city of fribourg but there's no guarantee that it will ever carry passengers anywhere full of tons of sand it's not just in trouble german electronic payment company wire card has filed for bankruptcy amid its major accounting scandal wire card processes billions of euros worth of credit card debt transactions every year and now the company is threatened with collapse. it was a historic day at the frankfurt stock exchange and not for the most positive of reasons for the 1st time a company from the elite club of german blue chip stocks the dax is filing for insolvency. wire card shares have plummeted by 98 percent within the past week following the revelation that the company had a gaping 1900000000 euro hole in its books. that news came out after the companies ought to refuse to sign off on its $21000.00 accounts this in turn led to the resignation of wire card c.e.o. marcus bro
has much more cash and was a lot more profitable before the coronavirus crisis look at ryanair and easyjet 2 which have managed with pretty much no government support. this a $350.00 has been named after the german city of fribourg but there's no guarantee that it will ever carry passengers anywhere full of tons of sand it's not just in trouble german electronic payment company wire card has filed for bankruptcy amid its major accounting scandal wire card processes billions of euros worth of...
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we'll take a brief look now at some of the other stories making headlines around the world easyjet ryanair and british airways are taking legal action against the u.k. government's new rule requiring people arriving in britain to quarantine for 14 days already reeling from travel bans they have lined say the move will deter travelers and threaten jobs. meanwhile the u.k. economy shrank by a record 28.4 percent in april and is now in its deepest recession for decades draw with reflects the impact of the coffee 19 locked out. protesters the stepfather lebannon central bank has the currency plunged to a new record low demonstrators took to the streets in several cities and lebanon is experiencing its worst economic turmoil for decades the crisis worsened to by the coronavirus pandemic. syria's president bashar al assad has fired his prime minister the move against him at economists comes against a background of a deepening economic crisis in the country taught by years of civil war that's brought protesters out onto the streets calling for president assad to go they blame him for rising price
we'll take a brief look now at some of the other stories making headlines around the world easyjet ryanair and british airways are taking legal action against the u.k. government's new rule requiring people arriving in britain to quarantine for 14 days already reeling from travel bans they have lined say the move will deter travelers and threaten jobs. meanwhile the u.k. economy shrank by a record 28.4 percent in april and is now in its deepest recession for decades draw with reflects the...
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much more cash and was a lot more profitable if you will to coronavirus crisis look at ryanair and easyjet too which have managed with pretty much no government support. there's a $350.00 has been named after the german city of. but there's no guarantee it will ever carry passengers anywhere full of tonnes of. say look now at some other news stories making headlines around the world today australian flag carrier quantas will cut $6000.00 jobs and slashed costs worth $10000000000.00 u.s. dollars over the next 3 years as it tries to survive the pandemic c.e.o. alan joyce said the airline must shrink to meet lower demand that the cuts would preserve other positions at the company. the german pharmaceutical company bio has agreed to pay almost $11000000000.00 u.s. dollars to settle a lawsuit over the week. since it bought monsanto which manufactures the purposes but by a has faced numerous lawsuits in the u.s. over claims that the product causes cancer. polish president. has become the 1st foreign leader to visit u.s. president during the coronavirus having shortly before his arrival the us am
much more cash and was a lot more profitable if you will to coronavirus crisis look at ryanair and easyjet too which have managed with pretty much no government support. there's a $350.00 has been named after the german city of. but there's no guarantee it will ever carry passengers anywhere full of tonnes of. say look now at some other news stories making headlines around the world today australian flag carrier quantas will cut $6000.00 jobs and slashed costs worth $10000000000.00 u.s. dollars...
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Jun 24, 2020
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we will keep an eye on solvay and unilever and easyjet.p an eye on what is going on big picture on these markets. european futures suggest the downside. .6% inocks futures down all the major markets. of u.s. futures, a slightly more positive picture. around .1%. up by similar moves on dow futures. nasdaq of performing -- outperforming .3%. tech stocks was a theme on wall street yesterday. if you look at a comparison of is outperforming value right now, you get the level of outperformance, you can compare that to the.com boom and that raises interesting questions about valuations for tech stocks. these are not normal times. coming up, the market open. futures are pointing to the downside. we'll keep focusing on the virus and bring you the latest news. the southwest on united states, the sun belt in particular. fauci, concerned about ongoing outbreaks in those areas to the extent we are seeing community transmission. he was more optimistic about the vaccine and its time horizon. we will get the latest virus news flow. this is bloomberg. ♪ an
we will keep an eye on solvay and unilever and easyjet.p an eye on what is going on big picture on these markets. european futures suggest the downside. .6% inocks futures down all the major markets. of u.s. futures, a slightly more positive picture. around .1%. up by similar moves on dow futures. nasdaq of performing -- outperforming .3%. tech stocks was a theme on wall street yesterday. if you look at a comparison of is outperforming value right now, you get the level of outperformance, you...
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has much more cash and was a lot more profitable before the coronavirus crisis look at ryanair and easyjet too which have managed with pretty much no government support on this a 350 has been named after the german city of fribourg but there's no guarantee it will ever carry passengers anywhere full of tonnes a. time now to take a look at some of the other stories from the world german financial service provider why a card has filed for insolvency earlier this week the company disclosed that almost 2000000000 euros had vanished from its books the former c.e.o. of wild card was arrested and has been released on bail while being investigated for fraud. german pharmaceutical company buyer agreed to pay almost $11000000000.00 u.s. dollars to settle a lawsuit over the week kill a round up since via boat monsanto which manufactures the herbicides bio as face numerous lawsuits in the u.s. over claims that the product causes cancer. polish president underway duda has become the 1st foreign leader to visit u.s. president on trump during the coronavirus pandemic shortly before his arrival the us amb
has much more cash and was a lot more profitable before the coronavirus crisis look at ryanair and easyjet too which have managed with pretty much no government support on this a 350 has been named after the german city of fribourg but there's no guarantee it will ever carry passengers anywhere full of tonnes a. time now to take a look at some of the other stories from the world german financial service provider why a card has filed for insolvency earlier this week the company disclosed that...
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Jun 8, 2020
06/20
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british airways, easyjet and ryanair have written a letter to the government calling the restrictionse needed to control the virus. the new suspect in the madeleine mccann case has been described as strange and intimidating by people in the portuguese village where he stayed around the time of the child's disappearance in 2007. one resident claimed people were terrified of the man, identified by the german authorities as christian b, because he carried a gun. our correspondent gavin lee sent this report. this small village is where christian b is said to have stayed in the weeks after the disappearance of madeleine mccann. the suspect is reported to have turned up here, 30 miles from where she went missing, without money, asking for work. christian b is understood to have stayed in this village for several months, and was often seen at this restaurant and with his campervan that police have appealed for information on. and several people have told us they found him strange and that he was intimidating. they said he spent time with two friends who rented this house and claimed they wer
british airways, easyjet and ryanair have written a letter to the government calling the restrictionse needed to control the virus. the new suspect in the madeleine mccann case has been described as strange and intimidating by people in the portuguese village where he stayed around the time of the child's disappearance in 2007. one resident claimed people were terrified of the man, identified by the german authorities as christian b, because he carried a gun. our correspondent gavin lee sent...
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Jun 12, 2020
06/20
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quarantine policy which requires 2 weeks of self isolation on arrival in britain british airways easyjet and ryanair say the rules introduced on monday are flawed and will have a devastating effect on tourism well the british prime minister boris johnson has accused extremists of hijacking the black lives matter protests as demonstrators gear up for a further 3 days of rallies starting on saturday in a twitter post the prime minister described the attacks on police and violence during protests last weekend as intolerable an apparent he also defended the protection of british monuments including a statue of winston churchill from vandalism he says you people against attending this weekend's demonstrations. what's happen with these these demonstrations is that a tiny minority or a few a growing minority unfortunately have hijacked and they are using them as a pretext to attack the police to to cause violence and to cause damage to public property so my unforeseen my message to everybody is that for all sorts of reasons they should not go to these demonstrations but in bars in central londo
quarantine policy which requires 2 weeks of self isolation on arrival in britain british airways easyjet and ryanair say the rules introduced on monday are flawed and will have a devastating effect on tourism well the british prime minister boris johnson has accused extremists of hijacking the black lives matter protests as demonstrators gear up for a further 3 days of rallies starting on saturday in a twitter post the prime minister described the attacks on police and violence during protests...
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Jun 25, 2020
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to hit the airline industry hard so 40 major airlines including emirates and british budget flyer easyjet have temporarily grounded their entire fleets some borders have reopened recently but the number of people passing through airports has fallen 92 percent the international air transport association believes airlines this year will lose $84000000000.00 australia's largest airline is laying off thousands of staff as it tries to survive the pandemic they call the gauge has more. but now qantas is meant to be celebrating its 100th anniversary instead it's dealing with the biggest crisis in its history this truly international airline has fired 6000 staff and another 15000 workers will stay on leave for months this crisis is still. very very hard and the impact will be felt for a long time particularly i'm sorry to say the impact on our people with borders closed in flights grounded quanta says the ongoing collapsing global air travel left it no choice but to cut 20 percent of its workforce it's a huge setback for the aviation industry $100.00 planes will be grounded for at least a year wi
to hit the airline industry hard so 40 major airlines including emirates and british budget flyer easyjet have temporarily grounded their entire fleets some borders have reopened recently but the number of people passing through airports has fallen 92 percent the international air transport association believes airlines this year will lose $84000000000.00 australia's largest airline is laying off thousands of staff as it tries to survive the pandemic they call the gauge has more. but now qantas...
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Jun 8, 2020
06/20
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anticipated summer recovery for the travel industry 3 of britain's largest airline groups ryanair easyjet and british airways owners i.a.g. are taking the government to court it is devastating to visitors to british britain's prince tourism industry it's going to cause destroy millions of jobs in a hotel thousands tourist attractions. in the peak. so it's not only irrational only primitive but it's entirely disproportionate to the effect it's going to have on the spread of. the point the government says of confining incoming travelers with few exceptions to a fortnight of self isolation is to limit the spread of coronavirus from abroad and help prevent a 2nd wave of infection if so say critics why apply a quarantine measures across the board including to countries with lower infection rates than the u.k. particularly since the science the government says it's relying upon seems to suggest instead focusing on countries with higher infection rates and in any case why do it now when this is something that might more usefully have been applied 2 or 3 months ago at the height of britain's epid
anticipated summer recovery for the travel industry 3 of britain's largest airline groups ryanair easyjet and british airways owners i.a.g. are taking the government to court it is devastating to visitors to british britain's prince tourism industry it's going to cause destroy millions of jobs in a hotel thousands tourist attractions. in the peak. so it's not only irrational only primitive but it's entirely disproportionate to the effect it's going to have on the spread of. the point the...
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Jun 12, 2020
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british airways, ryanair, and easyjet says the warrantee and will have a devastating event on tourismhe wider economy. hertz is asking a judge to take advantage of a rally in its stock, wanting to sell up to $1 billion in new shares. of hertz rallied nearly tenfold from may 20 62 this past monday. it has fallen by more than half. investors are betting that the travel industry is set to rebound. jim says china -- zoom says china deactivated the service in -- zoom says it from now on it will not allow requests from the chinese government to impact anyone outside mainland china. that is the bloomberg business flash. francine: this is what the markets are looking at. the markets are definitely focus on the correction that we saw yesterday, and they are deciding to focus on giving a bit of a lift up to the markets. the focus is not only on a potential second lockdown because of rising infections, but on what kind of recovery we will see. tom: it will be interesting. we have a nice balance this morning off the corners that we saw yesterday. edward hyman will join us here in a bit. mohamed e
british airways, ryanair, and easyjet says the warrantee and will have a devastating event on tourismhe wider economy. hertz is asking a judge to take advantage of a rally in its stock, wanting to sell up to $1 billion in new shares. of hertz rallied nearly tenfold from may 20 62 this past monday. it has fallen by more than half. investors are betting that the travel industry is set to rebound. jim says china -- zoom says china deactivated the service in -- zoom says it from now on it will not...
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Jun 12, 2020
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dani: lion air, easyjet have launched action against the quarantine rules.threatened the move against rules that say international arrivals have to isolate for two weeks. the airlines think it will further damage an already struggling travel industry. grubhubnds is suing over the cancellation of a five year deal from kfc and taco bell. grubhub declared the deal invalid, citing yum working with rival delivery platforms. they say customers will pay more. this comes after they agreed to by grubhub. renault is exacting ferocious petition in electric cars, that warning from the automakers chairman. there is a flood of chinese models coming to the continent into a market that is increasingly crowded. there comes as europe's manufacturers roll out more e-cards in the midst of a deep slump brought on by the coronavirus. and that's the bloomberg business flash. francine? francine: thank you so much. the u.k. economy shrank just over 20% under the virus lockdown in april, more than analysts had expected. it follows a nearly 6% drop in march, more than 18 years of grow
dani: lion air, easyjet have launched action against the quarantine rules.threatened the move against rules that say international arrivals have to isolate for two weeks. the airlines think it will further damage an already struggling travel industry. grubhubnds is suing over the cancellation of a five year deal from kfc and taco bell. grubhub declared the deal invalid, citing yum working with rival delivery platforms. they say customers will pay more. this comes after they agreed to by...