Flight U2426 departed Edinburgh over an hour ago before the incident.
The Airbus A320 squawked 7700 General Emergency due to an electrical burning smell on board.
It received priority landing into Birmingham Airport with other flights entering the hold.
One eyewitness says as a bus has arrived to disembark passengers as fire trucks stand down.
Twitter user Abbie Jones wrote: “I have family on board. All safe and well. Burning smell apparently.”
Last week, another EasyJet flight from Venice to Edinburgh made the emergency call shortly after midday as it flew into Scotland.
The plane was making the final descent towards Edinburgh when the pilot made a “7700” squawk alert .
Live data on FlightRadar24 then showed the Airbus A319 jet landing safely in the Scottish city.