Easyjet Share Discussion Threads

[crazi] 28/11/2022 08:40

28 November 2022, 08:31Source - Alliance News
Rolls-Royce Holdings PLC and easyJet PLC said on Monday they set a new aviation milestone with the world’s first ground test of an aero engine running on hydrogen.

The London-based and London Luton Airport-based vehicle manufacturers respectively said the ground test was conducted using an early concept demonstrator that burned green hydrogen generated by wind and tidal power.

It took place at an outdoor test facility at the Ministry of Defence Boscombe Down in Wiltshire, England, using a converted Rolls-Royce AE 2100-A regional aircraft engine. The hydrogen power was sourced from a hydrogen production and tidal test facility on Eday in the Orkney Islands.

Rolls-Royce and easyJet claimed the test marked a major step towards proving hydrogen could be a zero carbon aviation fuel in the future and reflected each companies’ own decarbonisation strategies.

A second set of tests has been planned in line with a long-term ambition to carry out flight tests.

‘The UK is leading the global shift to guilt-free flying, and today’s test by Rolls-Royce and easyJet is an exciting demonstration of how business innovation can transform the way we live our lives,’ said Business, Energy & Industrial Strategy Secretary Grant Shapps.

The two companies said the partnership, which was announced in July, was inspired by the UN-backed Race to Zero campaign, committing to achieve net-zero carbon emissions by 2050.

Shares in Rolls-Royce were up 0.4% to 91.19 pence, while easyJet shares were up 0.7% to 407.75 pence in London on Monday morning.

Copyright 2022 Alliance News Limited. All Rights Reserved.

[deanmatlazin] 28/11/2022 08:33

we will find out whether the rumour of IAG buying out EZJ is true tomorrow. I expect no less than £6billion buy out.

[31337 c0d3r] 27/11/2022 21:57

6 months


Who are they both following?

[sikhthetech] 27/11/2022 21:22

Let's see if any update backs up my previous comments.



sikhthetech - 31 Oct 2022 - 12:20:57 - 16302 of 16388 Easyjet 2014 and
With Spain having lifted the remaining covid restrictions only a week ago and it being Brit's no1 travel destination, I think airlines to Spain will continue to benefit.

I believe people will still go on hols/weekend breaks for the sake of the kids and their own well being. In times of cut backs they go on cheaper hols/weekend breaks.

Housing benefited during covid, where travel didn't. I think this is already reversing and will continue to do so.

Holiday bookings are still significantly lower than pre-covid. For 2021 it was 79% lower.

Cost of living crisis or not, people still go on holiday for their kids sake and for their own wellbeing. Instead of the more expensive hols, they are more likely to go no-frills or city breaks, which is EZJ's speciality.

As more and more go on holiday and numbers improve towards pre-covid levels, the share price will take care of itself.

[vaston] 25/11/2022 15:10

Just came across this.

[1224saj] 25/11/2022 15:08

EJ fleet, value the company at £7.50 a share, that's if they can find a buyer

[blackhorse23] 25/11/2022 14:42

Any one knows correct debt figures EasyJet has like most recent ??

[blackhorse23] 25/11/2022 10:00

EasyJet & CURY (LSE) will do well. https://www.fool.co.uk/2022/10/17/id-buy-these-top-growth-stocks-that-are-down-over-40-in-a-year/

[bartyb] 24/11/2022 10:28

Results Tuesday . All will be clear then.

[pulsey] 23/11/2022 19:07

"covid 19 deal21 Nov '22 - 08:38 - 16371 of 16379

No take over of a loss making company with negative equity..and huge debt..it was all pump and dump"

.
.
Do you want to clarify where you get your made-up figures from? From this website (based on EZJ's own figures)


Huge debt - nah

Cash PS 466.48 p
Net Cash PS 113.32 p
Net Tangible Asset Value PS * 252.90 p
Net Asset Value PS 348.15 p

-ve Equity - nope

BS
2,639.00m, Asset and cash rich with a smidgeon of intangibles.

Lossmaking - yes, give you that but waaaay down from previous couple of years. Last TU:-

"FY22 Group headline loss before tax of between GBP170 million and GBP190 million". With 3.5B in cash, that's a 5% dent.

[kendownie] 23/11/2022 12:59

Easyjet have generally been a profitable company over the years with the exception being over the covid period. With there now being a holiday arm to easyjet I think they are in a fairly good position to return to profit despite the economic downturn.

[jugears] 23/11/2022 10:10

halfpenny, sounds like you have lost a lot of money here?

[halfpenny] 23/11/2022 09:07

Looks like EZJ bookings are shooting up as Left Wing Unions Strike and Gas Bills rise. Cheaper to Go On Holiday over Winter Cold months.

EZJ are at a bargain level with great growth and opportunities ahead. 650p plus gets more likely every day as Flight Demand Increases faster than expected. Don’t miss out!

[jugears] 22/11/2022 13:41

Cheaper to pick the landing slots up when they go bust.

[halfpenny] 21/11/2022 21:23

Looks like more interest in EZJ as the Heathrow slots are in high demand.

Some analysts have a price target 650p plus. Strong demand for EzyJet flights next year as more want the Sunshine.

[jugears] 21/11/2022 13:01

Very unlikely!

[halfpenny] 21/11/2022 12:38

Buy out soon so get ready

[jugears] 21/11/2022 11:00

Most old people will book a coach holiday, no messing around with airports, I see this going the same way as Freddie Laker!

[covid 19 deal] 21/11/2022 08:38

No take over of a loss making company with negative equity..and huge debt..it was all pump and dump

[albert3591] 21/11/2022 08:29

By the way pension increase will not happen till April.

[albert3591] 21/11/2022 08:28

Halfpenny..you are grabbing at straws there,pensioners will not be helping travel industry.the sick man of shares will be travel,I cant see anyway it will change anytime soon.

[halfpenny] 21/11/2022 08:17

MOST who Holiday are the White Hair Pensioners who had a nice 10% increase and will holiday far more..

Travel should be fully booked for EZJ. Share price 450-500 and more with a potential takeover by BA/IAG who need the slots to handle massive demand as Inflation Drops and Triple Loch Remains.

[covid 19 deal] 20/11/2022 11:41

Negative equity here with huge debt and a loss making company ...underlying recession....no sound minded company going to take over