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Stock impact report

French air traffic controllers call off strike - sparing disruption for thousands of travellers [Yahoo! Finance Canada]

EASYJET PLC S/ADR (ESYJY) 
NASDAQ:AMEX Investor Relations: corporate.easyjet.com/investors.aspx
The union has pushed for better pay and conditions. Travellers across the UK were expected to face disruption from the industrial action - as stoppages by French air traffic staff mean flights over the country are rerouted or cancelled. The head of Europe's biggest airline estimated the latest strikes could have meant 100,000 passengers had their flights cancelled, equating to about 600 flights a day. The UK would be particularly impacted, Ryanair's chief executive Michael O'Leary said. "The UK is the country whose flights get cancelled most because of the geographic proximity to France." The airline has long campaigned for flights across French airspace to be protected amid walkouts, saying failure to do so was a breach of European Union laws. Journeys to and from France should be impacted rather than trips for UK passengers heading to popular destinations in Spain and Greece, the airline has said. French air traffic controllers also staged walkouts in July in their qu Show less Read more
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