Well we'll have to see where it goes. They will be well advanced on the hedge build for H1 26 already, probably 35% or more at $820. On 24 January 25 easyJet said the current spot was $895. I can't make any sense of that from historical prices it's more like $795 The sites are a bit contradictory but an average for Europe at $720 a mt; today looks plausible. |
I am talking about a year out |
82% at $807 as of January 22nd. Currently spot is around $675. easyJet has consistently been overpaying for their fuel. In 8.5 of the last 10 years their hedge position has cost them money, sometimes 25% more. It currently costs around $13000 to fill a 320 neo The important factor with oil is futures and trend, that's what sets the hedge. Already easyJet has some hedge in place for the next 3 6 month periods and these are already looking expensive. The immediate impact of the lower oil price for delivery in 6 weeks is minimal to the apron price of jet fuel which generally doesn't respond by much to the daily fluctuations. |
I would think with an annual fuel bill of 2.2 billion pounds if the oil price sticks between 70$ then probably a ten percent saving or 200 million per annum which is not to be sniffed at. |
Sapphire. I think EZJ is hedged 80% first half 2025. Only 25% in 2026. So looking just 6 months out the big fall in oil prices will have a big impact. |
AMT the oil price has very little impact on the day to day cost of jet fuel for easyJet. It does affect the long term hedge values but that is only by a sustained trend, a day or two up or down means nothing. This time of year almost no fuel will be at spot. |
When oil price goes up, EasyJet price goes down! However, converse is not true unfortunately. |
Price of oil has slumped so surely that will lead to better margins in a few months. |
Boring now. |
The stress of being up to their eye balls in it and heavily over positioned in one stock. |
I don't know why your are so rude to people who don't agree with your view.I only mentioned selling in December as that's when I sold mine. I thought it seemed to have reached a false peak and was going to drop back, which it has done. And I don't always get it right. I've bought a few shares over the years and almost immediately dumped them as i got it wrong.I may/will buy back in but only when my research points to a possible rise is the share price I haven't used a chart ever as for me a chart 100 percentage shows what has happened and never what is going to happen.I have no love or loyalty to any company or share.(even companies I have worked for)My only reason to buy a share is to make money and the moment I buy a share I also decide on a sell point |
EZY will find out the hard way with delay repayments that when you're selling package holidays it's a bigger bill. They never used to have to worry if a coach load didn't turn up at the airport. Well they will now and if that schedule doesn't have flexibility within it, it'll fall off the rails. It's a different market. |
I always choose easyJet over Ryanair |
Repetition! |
Zzzzzzzzzzz I thought advfn was only for gamblers and braggers (fat fibbers) anyway. |
Although historically done a lot of trips with this airline, I and my family are boycotting further travel with them, until they pay compensation for flight cancellation and associated costs. Been going on for nearly a year now.Thinking back also, the bulk of their flights for me have been delayed as well.Completely subjective, but this is one share I am avoiding. |
Hahahha someone putting a missing person poster out for sapphires head. It's gone missing. |
Well you know nothing about me. These certainly are not all my eggs, just some of them. It's very easy to look at the chart like a child and say nonsense like that. I bought 34000 shares on Wednesday and banked 12.1p. I bought my first shares here in October 2023 well below £4. My investment is going well despite the current low valuation. Do you know Andrew that today you could have won 12/1 on close combat at Exeter. Just think if you had the balls you could have put £10k on it and been a winner. Yes it's absolute nonsense but it is exactly the same thing. |
But just think, you could have sold in December, bought 142k shares today and have 100k cash.You seem to have all your eggs in one basket. |
That's not investing, it's gambling. |
Philmac I don't think so. |
Lost???. Many of my shares are from October 23. Wednesday afternoon I added and booked the dividend. I haven't lost or gained until I sell. That's going to be a few years away. In the meantime I will collect the dividends and let the commercial progress weigh on the share price. |
So since December you have lost over 100k.? |