Their holiday business is already a huge success and booming so why the negativity. |
They've a better customer service reputation than wizz and ryanair. Much higher costs than ryanair and not efficient or aggressive as ryanair.They're as solid as an airline can get. But they've elected to rock the boat on the package holiday market and it's not the easy win some will tell you. |
Anything positive?? |
Any thoughts on why the share price has dropped 20 percent from recent highs? |
I'm north of £7 will this ever get there. Divi helped yesterday, but it's going to take 20 years to get out at this rate :-( |
Not sure why. Try and book an EZJ flight this morning to any major international airport from LGW or LTN and you won't find a seat or if you did it will cost you a small fortune.
Makes no sense to me as EZJ have zilch to do with LHR. The other thing with LHR shut is it frees the airspace up around LGW and LTN so expect things to run ok for EZJ.
Trading buy anybody? |
I take it today's dive is because of Heathrow? |
Datait
Another one-liner genius filtered. What a waste of space. |
Read an article last night that private equity is heavily over leveraged. Much like the mortgages of 2008. Easy jet started a battle with the holiday companies. Jet2 will crush them wherever possible. TUI have partnered up with ryanair this time around over EZY. Silly person to bite the hand that feeds you. I hope they have deep pockets, they may well need them. |
Cash is king for now. I see the screen flash more red than blue and I don't see it to be far away that the screens will flash red continuously.
My view is a crash is on like never before. |
Looking across the whole sector, I wonder if 2022 price action is beginning to repeat itself |
So where is the £6 promised? |
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. |
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