Spain slaps $187 million fine on Ryanair, EasyJet and others for 'abusive' cabin luggage fees [MSNBC.com]
EASYJET PLC S/ADR (ESYJY)
NASDAQ:AMEX Investor Relations:
corporate.easyjet.com/investors.aspx
Company Research
Source: MSNBC.com
Spain's Ministry of Consumer Rights on Friday slapped a $179 million euro ($186 million) fine on five low-budget airlines for "abusive practices" including charging additional cabin luggage fees.RyanairpenaltyEasyJetThe five airlines should discontinue their practice of requiring additional payment for cabin luggage and reserving a seat near a dependent traveler, the ministry said. The airlines were also criticized for "disproportionate and abusive" charges to print tickets, allegedly omitting or failing to clarify pricing information on their websites, and failing to allow cash payments at Spanish airports.Spain's Association of Airlines (ALA) said it will appeal the fine for cabin luggage fees in court, dubbing the penalty as "manifestly illegal" and against European norms, according to a CNBC translation of a statement from the industry group."If implemented, the resolution of the Ministry of Consumer Rights would imply irreparable damage to [the] passenger, an attempt against thei
Show less
Read more
Impact Snapshot
Event Time:
ESYJY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESYJY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESYJY alerts
High impacting EASYJET PLC S/ADR news events
Weekly update
A roundup of the hottest topics
ESYJY
News
- Our 2024 Travel Hall of Infamy Awards honour the best of the worst tourist behaviour [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Santa approves: "Finnish airports are ready for Christmas" – Record number of flight connections from UK to Finnish Lapland this winter [Yahoo! Finance Canada]Yahoo! Finance Canada
- Santa approves: "Finnish airports are ready for Christmas" – Record number of flight connections from UK to Finnish Lapland this winter [Yahoo! Finance]Yahoo! Finance
- New easyJet chief takes potshot at Ryanair over package holidays [Yahoo! Finance Canada]Yahoo! Finance Canada
- New easyJet chief take potshot at Ryanair over package holidays [Yahoo! Finance]Yahoo! Finance