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Stock impact report

EU proposals for free extra cabin bags on planes ‘lunatic idea', says easyJet [Yahoo! Finance Canada]

EASYJET PLC S/ADR (ESYJY) 
NASDAQ:AMEX Investor Relations: corporate.easyjet.com/investors.aspx
EasyJet said proposals to enforce free additional cabin bags on planes across Europe are a “lunatic idea”, warning of fare rises and flight delays if legislation goes through. The European parliament last week voted overwhelmingly to give all passengers the right to carry on a small case, as well as the free underseat bags currently permitted. Kenton Jarvis, easyJet's chief executive, said giving all passengers the right to extra free carry-on baggage would be “crazy European legislation” and “terrible for the consumer”. As part of a bill to strengthen rights for passengers, MEPs have swung behind proposals to allow passengers to take one “personal item”, such as a handbag, backpack or laptop, as well as a piece of hand luggage weighing up to 7kg (15lbs) and with combined dimensions of 100cm (39in). The case alone would be bigger than the current maximum permitted free cabin item on Ryanair and others. The changes, which need ratifying by the European Council before becomin Show less Read more
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