Easyjet Share Discussion Threads

[sapphireblue1] 12/6/2024 14:34

Fortunately the people making these decisions know what they are talking about.
The two newest bases are exceeding like demand creating entirely new markets.

[noramping] 12/6/2024 13:58

Where’s DATATIT? I presume he went bankrupt?

[trying2trade] 12/6/2024 11:25

My apologies I bow down to your superior knowledge that is regularly on display.

[sapphireblue1] 12/6/2024 05:56

Big effort to make Q1 close to breakeven. No chance with Q2 ever in my opinion but it's possible to reduce the loss substantially.
Currently Q3 they will be around £3m a day profit. Q4 £8-9m a day.

[sapphireblue1] 12/6/2024 05:40

TryingtoTrade. Absolutely wrong. Nice has a population of 400000 and a catchment of 5m+. The Canaries is a very popular winter destination to escape the cold of the Northern Med. The french are the 4th largest community of holiday home owners in the Canaries and they stay on average for 3 weeks a visit.
The most popular Vueling routes are North Spain to the Canaries for the same reason and southern Spain to canaries to escape the summer heat as the canaries are cooler in the summer.
Clearly easyJet don't randomly start routes without research so second guessing with nonsense like that is pointless.

[sapphireblue1] 12/6/2024 05:35

Lots of new Portugal capacity this year and next

[philmac56] 11/6/2024 18:34

Trying..

But may may like or want to lol

[trying2trade] 11/6/2024 17:58

The types of people who live in Nice do not go on holiday to Tenerife ?

[sapphireblue1] 11/6/2024 08:40

There's some very obvious gaps like Germany anywhere to Malta. That said Malta is a ryanair hub with Malta Air so it's a big decision.
Winter Nice to Southern Europe will be a popular escape also Nice to the Canaries.
Lots of opportunity but Germany they have to look at the regionals because of the limited slots.

[hamhamham1] 11/6/2024 08:19

So currently you can fly to Berlin (for the Euros) from:
Agadir. Amalfi-Salermo, Amsterdam, Barcelona, Basel, Birmingham, Bordeaux, Bristol. Burgas, Cairo, Canaries, Copenhagen. Corfu, Crete, Cyprus... plus another 45+ other locations in Europe.

Similar for Paris.

Hence the German Euros and Paris Olympics flights will be chocker, regardless of holidays sales.

[sapphireblue1] 11/6/2024 08:04

Takes time and this year Germany is work in progress for sure. We saw our first German bookings at Easter.

[sapphireblue1] 11/6/2024 07:58

We have received easyjet holidays guests from Berlin into the Costa del Sol daily but next year they promise a much wider choice of departures into Spain and soon we'll hear about New routes Germany to Malta. They have to go more into the regionals to acquire a customer base.

[hamhamham1] 11/6/2024 07:42

Or go here and filter eg Belin as flying from airport..

[...]

[sapphireblue1] 11/6/2024 07:33

easyJet holidays this year is predominantly from the UK market with limited exposure to the German market. Next year we'll see a more substantial German market position.
When looking at new markets we need to understand that Birmingham has performed very strongly with 15% of seats sold to easyJet holidays customers. Across the network the average is around 4%.
Southend next year will be a similar story. People favour convenience of local departure over cost as a reason to book.
I fact 68% wouldn't consider another airport within 50kms to save money on their holiday over their nearest within 20kms.

[waldron] 11/6/2024 05:22

Analysts' Consensus

Mean consensus
BUY

Number of Analysts
19

Last Close Price
4.597 GBP

Average target price
7.063 GBP
Spread / Average Target
+53.65%

High Price Target
8.5 GBP
Spread / Highest target
+84.90%

Low Price Target
5.25 GBP
Spread / Lowest Target
+14.20%

[waldron] 11/6/2024 05:19

Bouncing near support levels

[hamhamham1] 11/6/2024 05:07

From the last 6 month update regarding making money on holidays...

"easyJet holidays expected to deliver >£170m PBT (>40% growth YoY)"

I believe their near term target is £250m pbt annually? (thats just for their new holidays arm.)

And of course, there was the mention of their medium term target for the group..

"On track to deliver our ambitious medium term target of >£1bn PBT"

[hamhamham1] 10/6/2024 17:19

Back in today.
UK Bad Weather x Germany Euros x Paris Olympics = Big Fat Profits IMO.

[sapphireblue1] 10/6/2024 10:49

Another new aircraft, this time Bristol.
Right in time to pick up the peak demand.

[sapphireblue1] 10/6/2024 06:45

Doing some maths easyjet are clearing around £168 a person on an 8 day holiday to the Mijas Costa. That's London Luton to Málaga. I know how much we charge easyjet for the accomodation and assuming €10 a head for contract transfer each way.
The current euro weakness reduces the accomodation costs slightly so around £170 a head.
The booking was made in January when we have to assume the flights were considerably cheaper.
It's a volume market. We have 54 rooms a night in 3 hotels assigned to easyjet and they are all populated now until the middle of September.
Winter bookings are filling and Q2 has been released now