Easyjet Share Discussion Threads

[gswredland] 04/7/2022 13:54

This will be eyed up by a predator ...

[m1k3y1] 04/7/2022 13:27

EZJ

EasyJet chief operating officer resigns

[goodapple] 04/7/2022 12:13

Your wish has been granted.

[antonh] 04/7/2022 11:31

The only hope EJ have for survival is the immediate resignation of the ex Ryanair COO, previously described by MOL as fu..ing useless!

[investtofly] 03/7/2022 21:42

Staffing problems will only get sorted when MANAGEMENT drop the “You Know Where The Door Is” attitude.
Furlough, was the best thing that happened to Airport Staff. It showed there was ANOTHER LIFE outside those Perimeter Fences.

[weaverbeever] 03/7/2022 21:03

They are making money. I have a trip booked for 6 people. One of the travellers had his flight cancelled on Thursday. £165 refund. We rebooked on the next flight. £335Cancel cheap tickets and charge loads more for the replacementClever tactics (By the way I have a decent amount invested here, so really want them to do well) I am nervous though. Oh and one of my staff spent 11 hours in Bristol Airport yesterday. Easyjet cancelled loads of lights apparently. Absolute chaos. She went home after 11 hours no holiday

[r9505571] 03/7/2022 20:36

Citadel, BlackRock and Marshall Wace have raised their short positions in IAG (5.15%) EZJ (4.14%) WIZZ (3.7%) betting on more travel chaos this summer. Front page of today Business section of the Sunday Times

[inaminute] 02/7/2022 08:45

Just had flights for a 15 person booking cancelled and rebooked to a stupid time. 3 flights cancelled in last two months. People will not forget this

[bc4] 30/6/2022 18:07

Yes just like purplebricks won't drop much below 25p, do you remember?

[ny boy] 30/6/2022 16:07

The final leg down, capitulation stage coming up before loading the truck imo

[blueball] 30/6/2022 14:54

Listen to TOWK2 let it fall till it finds support.

[vulcan2] 30/6/2022 14:11

Easyjet only cancelled a small prectange of their flights. in Q2 they operated 140000 flightes carrying 22million passengers.

There is unprecedented demand for air travel depite almost double fare costs. Airlines ordering more aircraft.

The only problem with the airline SPs is shorters/BOTS manipulating the share price

easyJet plc 20-JUNE-2022

Summer 2022 trading update



In the quarter ending 30 June easyJet plans to operate around 140,000 flights, carrying around 22m passengers, with capacity planned to be 550% of the same period in 2021. Demand for travel has returned with April and May passengers seven times the same months last year.



Given the unprecedented ramp up, the aviation industry across Europe is experiencing operational issues with root causes similar to the post covid supply chain issues being seen in many other parts of the economy. The challenges include air traffic control delays and staff shortages in ground handling and at airports, resulting in increased aircraft turnaround times and delayed departures which have a knock-on effect resulting in flight cancellations. A very tight labour market for the whole ecosystem including crew, compounded by increased ID check times, has reduced planned resilience further. This is reflected in the flight caps announced recently at two of our biggest airports, London Gatwick and Amsterdam.



In response to these caps and in order to build additional resilience, easyJet is proactively consolidating a number of flights across affected airports. This provides customers with advance notice and the potential to rebook onto alternative flights. Given easyJet’s high frequency network, we expect to be able to rebook the majority of customers on alternative flights, with many being on the same day as originally booked for.



As a result of these pre-emptive actions, easyJet now expects its third quarter capacity, to 30 June 2022, to be around 87% of FY19 levels, and Q4, to 30 September 2022, to be around 90% of FY19 levels. There will be a cost impact from disruption, coupled with the enhanced resilience easyJet is putting in place this summer, from additional wet leased aircraft, crew costs and airport charges. We will therefore exceed the previously provided operating CASK ex fuel guidance. We believe that these capacity/cost impacts are a one-off this summer as we would expect all parties to build greater resilience in time for 2023 peak periods.



Booking momentum has continued with demand for travel this summer remaining strong, with Q3 currently 86% sold with ticket yields up c.2% and Q4 48% sold and ticket yields up c.14%. This Q4 booking position is broadly in line with where we were at the same point in FY19. We will continue to fine tune our schedule in the light of industry conditions as we move through the summer season in order to deliver for our customers.



The medium-term outlook for easyJet remains attractive and in the last couple of days, we have been notified that we have won an additional three aircraft worth of slots at Lisbon Airport. These slots will become available from this winter.

[michelle74] 30/6/2022 10:32

This will hit 3 pound lots of flights still bing canceled

[oakville] 30/6/2022 10:23

Must be a value here though. Wont go bust and more people than ever flying. £2 would be a bit low imho £3 not off the table though.

[datait] 30/6/2022 10:03

flying lowwwwwwwwwwwwww lol

[datait] 30/6/2022 09:32

£2 soon

[oakville] 30/6/2022 08:30

Last cabin crew off the plane please switch off the lights.

[oakville] 30/6/2022 07:59

Given in to the Germans. Not sure this will help the SP?

[blueball] 30/6/2022 07:12

Just wait and watch is good advice.

[theonewhoknows2] 30/6/2022 06:03

falling xthrough all supports drawing a new chart.who knows where the bottom is.

just watch and wait.

let it fall.

see CR Thread xXTiPSXHEETSXx

[wall street trader] 29/6/2022 13:24

any news on the strike talks am flying back from Majorca on Friday and don't want my flight cancelled

[tahmina1] 29/6/2022 13:11

They are about to purchase billions of dollars of new planes blueball ....!