Today- EasyJet : JP Morgan raises target price to 660p from 650p |
It was the market response to O'Leary comments. However the view that ryanair problems are shared by all is losing support.
Ryanair are in some trouble of their own making. They are losing the race and are heading off in the wrong direction. |
what was that huge hiccup this morning in the share price? |
A very strong response to the drop. I think that a few more people are starting to see what has been obvious for a very long time |
lol, very true, |
Mano300, you are not looking very hard lol.
A temporary blip, ok now |
Michael O Leary blabbing again in Dublin today. |
Some bad news must have just come out, but I can't find it |
After such a good start too! |
What happened to the shares just now ? What a big drop ! |
Interesting to see easyjet closing the two aircraft hub at Toulouse. The flights will be just the same but serviced from other locations.
Economically two aircraft is not robust.
We are seeing a new thinking at easyjet that is driven by the holiday business. People aren't going to fly in volume Toulouse to Egypt or Morocco for winter sun. The economics of 10%+ onboard as holiday business customers will drive the shape of the business.
South west France as a region is a destination rather than an origin.
I like the way easyjet evolves. |
Sapphire: enjoy Portugal, a great place! Thanks for the Garry comments |
I have my last ever Ryanair flight next week. I am taking on 11 hotels in Portugal and dropping my Malta inventory in a management shuffle. Suits me great as I have many more options between locations. Last year I had 94 ryanair flights between Malta and Sevilla.
This is typical of the ryanair user who has no choice. The flight was never full so no chance of another provider stepping in. |
More than £180m profit, already up from £170m. I still hold the view that it will outperform expectations at £185-190m based on reduced cancellations over their forecast and last minute demand.
from the article.
Garry added that easyJet holidays, which is expected to make a pre-tax profit of more than £180 million this year, is ‘focused on sustainable, profitable growth’ and offering ‘really good value to customers’. |
Hugely underestimating the versatility and skill of sir traffic controllers. Once again speaking about something you know sod all about. |
Some cancellations out of Gatwick today due to low staff numbers at ATC. A last minute absence says it all. No resilience or planning. Around 60 easyJet flights are affected from the 1680 flights from or to the UK today. Disappointing but not a disaster.
This seems a prime job for early computer automation given the vital role and the clear efficiency and environmental gains. Obviously in our lifetime many roles will go but this must be top of the list |
It's looking like oil will be considerably cheaper over the next few years. OPEC has already given it their best shot and still oversupply looks a big problem. |
It made me smile :- |
Reported in the Independent about yesterday (Friday)
"Britain’s biggest budget airline, easyJet, is predicting its busiest day of the year, with 300,000 passengers booked on nearly 2,000 flights.
In the UK alone, more than 170,000 passengers are booked on over 1000 flights to 101 destinations.
The busiest routes for sun seekers are to Alicante and Palma in Spain, Faro in Portugal, Nice in France, while Geneva and Milan are the top business and city-break routes"
"Ali Gayward, easyJet’s UK country manager, said: “September has always been one of our busiest times for travel.”
Indeed but this year is exceptional. We are experiencing numbers and prices well over pre covid levels.
Easyjet need to make just £30 a head profit from £9m a day. |
Disappointing end to the week. Easyjet made a couple of percent over the others this week. Hopefully that's something that can be maintained.
Brent t $71.45. Jet fuel down at the pump across Europe. Peak time Summer over with very few cost connected disruptions. Risk massively reduced now on Q4 results. Q4 should be good for at least £720m profit
assuming a smooth end to the quarter. That will produce a H2 profit of £956m and a £606m annual profit before tax and any exceptional accounting matters. That's the minimum in my opinion.
After tax at 20% of profit dividend pays around 12p a share. |
Sapphire; You have my support, and thanks for the information |
Sapphire doesn't have much support off fellow shareholders on here.
I find she just makes excuses for everything and just ramps.
Facts are her predictions have all been wrong and blames everything but herself, I'd hang my head in shame if I was her, absolutely no credibility in what she says. |
Register for real-time alerts, custom portfolio, and market movers
Hot Features
Premium
